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What method(s) is(are) required by IFRS when accounting for long-term contracts? Percentage-of-completion or cost recovery methods Only cost-recovery Only percentage-of-completion Percentage-of-completion or completed contract methods

What method(s) is(are) required by IFRS when accounting for long-term contracts?

Percentage-of-completion or cost recovery methods

Only cost-recovery

Only percentage-of-completion

Percentage-of-completion or completed contract methods

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