Does the customer receive and consume the benefits simultaneously?

This criterion will primarily be applicable to services contracts. For many services agreements the related benefit is transferred to the customer and it is immediately consumed. An indicator that this criterion is met is that another entity would need to substantially re-perform the same work completed to date to satisfy the performance obligation if not completed by the original party. This indicates that the customer receives and consumes the benefit throughout the engagement.

Contractual or practical limitations that prevent an entity from transferring the remaining obligations to another entity are disregarded.

ASC 606-10-25-27(a)

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