Instructions: 1.Your paper should not be more than 20 pages (not including title and reference pages) and single space. Include pages numbers. 2.To complete this assignment: a.Consult the FASB Accounting Standards Codification (ASC) for guidance on answering the questions listed below b.Include FASB ASC citations where relevant c.Your answers to each question should be in the format of an essay answer. In other words, merely stating a FASB ASC section or writing you answers as bullet points is not sufficient. 3.Use the questions as your outline. For each answer to the questions, state the question and the number of the question. You should go in the order of the questions. 4.Upload your paper to Canvas as either a Word or PDF 5.The total possible points for this assignment is 100 points. The rubric is posted on Canvas. Questions: 1.(50 Points) Do the Software Services constitute a performance obligation, as defined in ASC 606-10
