Question 6 (3.333 points) Saved Which method is the most accurate measure of percent complete? A) Cost to cost method B) Labor hours method C) Work quantity method D) All give about the same accuracy Question 7 (3.333 points) When a loss is forecast on a project, the loss must be fully recognized in the period first forecast using which revenue recognition methods? A) All long term contract methods B) The point of sale method C) All short term contract methods OD) The cash method Question 8 (3.333 points) Saved A project is substantially complete when: A) All project costs have been incurred B) A stipulated percent such as 95% of the costs have been incurred C) When the facility can be used for its intended purpose D) Any of the above as long as the contractor is consistent