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Options for additional goods or services that are treated as separate performance obligations

User Abushawish
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Final answer:

Additional goods or services that can be treated as separate performance obligations in business include upgrades or add-ons, bundled products or services, and extended warranties or maintenance contracts.

Step-by-step explanation:

According to the question, the student is asking about additional goods or services that are treated as separate performance obligations.

In the context of business, a performance obligation refers to a promise to transfer a distinct good or service to a customer. Additional goods or services that can be treated as separate performance obligations may include:

  1. Upgrades or add-ons to a base product or service. For example, if a software company offers a basic version of their software for free and charges for additional features or functionalities.
  2. Selling multiple products or services in a bundle, where customers can choose to purchase them separately or together. This was mentioned in the reference as a bundling strategy employed by cable companies.
  3. Extended warranties or maintenance contracts that provide additional services or coverage beyond the standard warranty.

These are just a few examples of additional goods or services that can be treated as separate performance obligations in a business context.

User Goodolddays
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