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Which Methods Do IFRS and U

Question 15

Multiple Choice

Which methods do IFRS and U.S.GAAP typically record service revenue,respectively?


A) Percentage-of-completion method,completed-contract method
B) Relying on specific industry guidance,completed-contract method
C) Percentage-of-completion method,relying on specific industry guidance
D) Completed-contract method,percentage-of-completion method

Correct Answer:

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