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Measure progress of Performance obligation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Measure progress of Performance obligation

  • This topic has 1 reply, 2 voices, and was last updated 2 months ago by P2-D2.
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  • May 29, 2022 at 3:30 pm #656798
    Mufadhal
    • Topics: 4
    • Replies: 5
    • ☆

    Identify which two of the following would be an acceptable method of measuring the performance obligations completed?

    -Work invoiced to date as a percentage of total contract price
    -Cash received to date as a percentage of total contract price
    -Costs incurred as percentage of total expected costs
    -Time spend as percentage of total expected contract time

    Can you please help me with this question. thank you.

    May 31, 2022 at 8:54 pm #657007
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6158
    • ☆☆☆☆☆

    Hi,

    The first and the third one are acceptable.

    Thanks

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