Question: When accounting for a long - term construction contract under IFRS, if the percentage - of - completion method is not appropriate, the seller should
When accounting for a longterm construction contract under IFRS, if the percentageofcompletion method is not appropriate, the seller should account for revenue using:
Multiple Choice
The cost recovery method.
The completed contract method
Either the cost recovery method or the completed contract method
Neither the cost recovery method or the completed contract method
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