A foreseeable loss on the entire contract should be A. recognised at the end of the contract

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A foreseeable loss on the entire contract should be
A. recognised at the end of the contract
B. recognised immediately
C. spread over the remaining period of the contract

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 18, 2023 01:32 PM

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A foreseeable loss on the entire contract should be A. recognised at the end of the contract

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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