Across
- 2. Agreement between parties creating enforceable rights and obligations under IFRS 15.
- 6. Increase in assets or decrease in liabilities, excluding equity contributions.
- 7. A promise in a contract to deliver a distinct good or service.
- 9. Customer obtains this when they can direct the use of and benefit from a good or service.
- 10. Type of consideration that may change due to discounts, refunds, or returns.
Down
- 1. Type of sale where goods remain under the seller’s control until sold to end customers.
- 3. Income arising from an entity’s ordinary activities.
- 4. Price an entity expects to be entitled to in exchange for promised goods or services.
- 5. IFRS 15 requires qualitative and quantitative information of contracts to be reported.
- 8. Method of measuring progress toward completion based on costs incurred or resources consumed.