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Question Two In accounting for long term contract, the treatment of profit or loss on the contract is very important. Required: i. Discuss the principles
Question Two In accounting for long term contract, the treatment of profit or loss on the contract is very important. Required: i. Discuss the principles underlying the two options available for treatment of profit on a contract ii. Clearly explain the principle underlying the treatment of foreseeable loss on a contract
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Challenge Of Management Accounting Change
Authors: John Burns, Mahmoud Ezzamel, Robert Scapens
1st Edition
075066004X, 978-0750660044
