When the performance obligation is satisfied. Under IND AS 115, revenue should be recognized when the performance obligation is satisfied. A performance obligation is defined as a promise to transfer a good or service to a customer. The satisfaction of a performance obligation occurs when control of the promised good or service is transferred to the customer. This means that the customer has the ability to use and benefit from the good or service and also bears the risks and rewards associated with ownership of the good or service.
For which English County did Sachin Tendulkar play?
In what year was the Khalsa Panth founded by Guru Gobind Singh?
Which state is renowned for its traditional boat races during the Onam festival?
Central Depository Services Limited is promoted by which of the following:
Which state launched the Mission Basundhara 3.0 initiative to provide land rights to indigenous people in October 2024?
Who was the President of the World Bank Group as of January, 2020?
Which of the following is NOT a greenhouse gas?
Which Indian state is renowned for its dance forms like Ras, Sankirtana, and Thang-Ta?
Which state government recently banned all kind of synthetic kite string except cotton?
Tapali and Navrani are the folk dances of which Indian State?