Question: Under the completed - contract method of accounting for long - term construction contracts, interim charges and / or credits to the income statement are

Under the completed-contract method of accounting for long-term construction contracts, interim charges and/or credits to the income statement are made for Question 18Select one: a. only revenues, but not costs or gross profit b. neither revenues nor costs or gross profit c. only costs, but not revenues or gross profits d. revenues, costs and gross profits

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