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Q. Revenue Recognition on Long-term Construction Projects?
Revenue Recognition on Long-term Construction Projects Company identifies revenue from a long-term construction project under two different methods (a) the completed-contract method or (b) the percentage-of-completion method. The completed-contract method doesn't recognize any revenue until the project is completed. In that period they make out all revenue even though the contract may have required three years to complete. Consequently the completed-contract method recognizes revenues at the time of sale as is true for most sales transactions. Companies hold costs incurred on the project forward in an inventory account (Construction in Process) and charge them to expense in the period in which the revenue is recognized. Some accountants squabble that waiting so long to recognize any revenue is unreasonable. They believe that for the reason that revenue-producing activities have been performed during each year of construction revenue must be recognized in each year of construction even if estimates are needed.
Q. Define Pulmonary angiography? Pulmonary angiography is the angiographic opacification of the main and pulmonary artery and its branches. By radiographic techniques, it is po
Describe Examination of chest and abdominal ? As already mentioned earlier, any overt deformity of the chest, for example kyphosis, scoliosis, pectus exacavatum and pectus car
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The interior of the right atrium has a rough anterior part, the atrium proper and a smooth part called the sinus venarum. Also it has an appendage called the auricle. All the large
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