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When the taxpayer choose to use the percentage of completion method, gross income is reported OA. using a percentage that is determined by dividing

When the taxpayer choose to use the percentage of completion method, gross income is reported OA. using a percentage that is determined by dividing current year costs by the expected total revenue. B. when the contract is completed. C. based on the portion of work that has been completed. OD. based on the portion of work that is incomplete.

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