Match the appropriate revenue recognition technique to the situation:

Immediate recognition when goods are delivered Installment or cost recovery method Percentage of completion method Completed contract method A. A company is building a road on a long-term contract. It is able to estimate the eventual cost of the project, and the total amount of work required, and how much work has been completed so far.

B. A company sells goods on credit, and is able to estimate reliably the sales returns and bad debts.

C. A company sells goods on credit, on an installment basis, and the amount of bad debts is unpredictable.

D. A company is building a new fighter plane for the Air Force.

Because the technology is so advanced, the company is unable to reliably predict the total cost of the job.