Were multiple contracts with the same customer (including its related parties) entered into at, or near, the same time?

Contracts entered into at, or near, the same time with the same customer or its’ related parties need to be evaluated. “At or near the same time” is not defined within ASC 606. Judgment will be required and the longer the period between the contracts then the greater the likelihood that this criterion will not be met.

ASC 606-10-25-1(a)

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