Under international accounting standards, the standard for accounting for construction contracts
a. allows only the completed-contract method.
b. expresses a preference for the completed-contract method only in some circumstances.
c. does not allow the completed-contract method.
d. does not allow the percentage-of-completion method.
C
You might also like to view...
Differentiated global marketing represents a more ambitious approach than concentrated target marketing
Indicate whether the statement is true or false
Of the six dimensions of the culturally endorsed leadership theory, which one of these is the dimension that signifies supportive, considerate compassionate and generous leadership?
A. charismatic/value-based B. team-oriented C. humane-oriented D. autonomous
Budgets do not take into account potential constraints
Indicate whether the statement is true or false
Anna Mia is excited about studying the behavioral science approach in her Principles of Management class. She feels well prepared to study this approach because she has already taken classes in ______, ______, and ______, all of which inform the behavioral science approach.
a. sociology; economics; management science b. economics; philosophy; research c. economics; psychology; sociology d. psychology; sociotechnical theory; economics