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    Intermediate Accounting Study Set 7
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    Exam 8: Extenssion: Ol Revenue Recognition Previous Standard
  5. Question
    The Two Methods for Recognizing Revenue from Long-Term Contracts Are
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The Two Methods for Recognizing Revenue from Long-Term Contracts Are

Question 21

Question 21

True/False

The two methods for recognizing revenue from long-term contracts are the percentage-of-completion method and the point-of-sale method.

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