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A Moving to another question will save this response. estion 4 If the cost estimates on a long-term contract indicate that a loss will result on completion of the entire contract. OA Recognized in the current period under the cost-recovery method, but the percentage-of-completion meth OB. Recognized in the current period under the percentage-of-completion method, but the cost-recovery met OC. Recognized in the current period, regardless of whether the percentage-of-completion or cost-recovery m OD. Deferred and recognized when the contract is completed, regardless of whether the percentage-of-comp A Moving to another question will save this response. Question 4 of 1 points at a loss will result on completion of the entire contract. In this case, the entire expected loss should be. covery method, but the percentage-of-completion method defers the loss to the time when the contract is completed age-of-completion method, but the cost-recovery method defers recognition of the loss to the time when the contract is completed ther the percentage-of-completion or cost-recovery method is used leted, regardless of whether the percentage-of-completion or cost-recovery method is used Save Answer Question 4 of 8