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When the completed contract method of accounting for long-term contracts is used, Select one: a. revenue and gross profit ore recognized when the contract is

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When the completed contract method of accounting for long-term contracts is used, Select one: a. revenue and gross profit ore recognized when the contract is complete. b. costs of long-term contracts in process and current buildings are accumulated. c. billings are accumulated in a until the completion of the contract. d. All of the above occur when the comoleted contract method is used

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