Question: 5. Eamings volatility percentage-of-completion versus com- pleted contract; CFAC adapted] a. Compare the volatility of reported earnings over the life of a contract of both

5. Eamings volatility percentage-of-completion versus com- pleted contract; CFAC adapted]

a. Compare the volatility of reported earnings over the life of a contract of both the completed contract and percentage-of- completion accounting methods.

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