Question: Question 6 Under ASPE, when selecting an accounting method for a newly contracted long - term construction project, the principal factor to be considered should

Question 6
Under ASPE, when selecting an accounting method for a newly contracted long-term construction project,
the principal factor to be considered should be
the terms of payment in the contract.
the degree to which a reliable estimate of the costs to complete and extent of progress toward completion can be made.
the inherent nature of the contractor's technical facilities used in construction.
the method commonly used by the contractor to account for other long-term construction contracts.
Question 6 Under ASPE, when selecting an accounting method for a

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