Question
Two methods used to account for revenue recognition for long term contracts are the percentage-of-completion method and the ________. completed-contract method sales method cost recovery
Two methods used to account for revenue recognition for long term contracts are the percentage-of-completion method and the ________.
| completed-contract method | ||
| sales method | ||
| cost recovery method | ||
| installment sales method |
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Financial Accounting In An Economic Context
Authors: Jamie Pratt
7th Edition
0470128828, 978-0470128824
