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An overall loss on an unprofitable long-term contract is recognized in the current period under Select one: a. the percentage-of-completion method only. b. the completed

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An overall loss on an unprofitable long-term contract is recognized in the current period under Select one: a. the percentage-of-completion method only. b. the completed contract method only. c. both the completed contract and the percentage-of-completion method. d. neither the completed contract hor the percentage-of-completion method

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