|
which method ispreferred under both IFRS and U.S. GAAP, If the outcome of a long-term contractcan be measured reliably:1 O: u) i+ V! M
7 M* z/ s. ]+ w7 F4 y2 h4 A G1 o l) M A. the installmentmethod.& K- m5 ]% z5 f: B5 l; k" I0 U
' A! [7 V+ U6 T5 |* P" d: t
B. the completedcontract method.
: A8 [' D4 _* _( e+ A) A; h - V9 I" n% x+ e- A
C. thepercentage-of-completion method.
3 e7 ]* Z+ g" t1 L! }
3 b" D/ o3 [1 E7 Z- Z% l; o$ h% o% S- \1 J: m7 U/ X. w
; v: Z; f' J o6 {
& y5 s- L, y4 s+ G L( H [
|
|