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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.
Propane boils at -46oC. Propanol boils at 97oC. The difference is attributable to- Select one: a. The fact that propanol is much heavier b. The fact that propanol ionizes all
Ideal Characteristics 1) Maximize gas transfer (oxygen, carbon dioxide and anaesthetic gases) 2) Minimize blood trauma 3) Good heat transfer efficiency 4) Minimize
Number of Implants The use of more implants decreases the number of pontics and the associated mechanics and strains on the prosthesis, and dissipates stresses more effectively
Q. What are the common contraindications of the contraceptive pills? There are medical reports associating the use of contraceptive pills with vomiting, headaches, vertigo, nau
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How Buffer Solution Can Be Prepared? A buffer solution can be prepared to have a desired value of pH by controlling the amount of acid and its salt in case of acidic buffer and
Dictyosomes are produced on the Organelles in the plant cells composed of the series of flattened membrane sacs which sort, chemically modify, and package protein srough endoplasm
Explain the Frank Furcal Perforation a) Coronal perforation at the pulpal floor of multirooted tooth. b) Due to excessive deepening at the pulpal floor during access perfora
Q. Show the Natural selection of taxonomist? Natural selection associated with successful reproduction maintains a basic similarity of the reproductive feature of flowers, frui
Adverse Effects of Acyclovir By any route of administration, acyclovir is generally well tolerated. Gastrointestinal (GI) disturbances and headache can occur. Given IV, the dr
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