Question: Is the following statement correct? ( Answer Correct or Incorrect and explain ) . Under percentage of completion approach, the percentage completed in year 4

Is the following statement correct?
(Answer "Correct" or "Incorrect" and explain).
Under percentage of completion approach, the percentage completed in year 4 can be lower than year 3.
(fill in "Correct" or "Incorrect").
Reason:
Is the following statement correct? (Answer "Correct" or "Incorrect" and explain).

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