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NEW QUESTION: 1
A building contractor has a fixed-price contract to construct a large building. It is estimated that the building will take 2 years to complete. Progress billings will be sent to the customer at quarterly intervals. Which of the following describes the preferable point for revenue recognition for this contract if the outcome of the contract can be estimated reliably?
A. As progress is made toward completion of the contract.
B. After the contract is signed.
C. When the contract is completed.
D. As cash is received.
Answer: A
Explanation:
Under the percentage-of-completion method, revenues and expenses are recognize based on the stage of completion at the balance sheet date if the outcome of the contract can be estimated reliably. For a fixed-price contract, the outcome can be estimated reliably if total revenue can be measured reliably.2) it is probable that the economic benefits of the contract will flow to the enterprise.3) contract costs to complete and stage of completion can be measured reliably, and4) contract costs can be clearly identified and measured reliably so that actual and estimated costs can be compared.
NEW QUESTION: 2
あなたは組織のQSLプロジェクトのプロジェクトマネージャーです。あなたはあなたがあなたのプロジェクトチームであり、いくつかの主要な利害関係者であり、システムのさまざまな要素がどのように相互に関連し、システム内の因果関係のメカニズムを示す図を作成するために働いています。リスク識別プロセスの一部として、どのような作図手法を使用していますか?
A. 前任者と後任者の作図
B. システムまたはプロセスのフローチャート
C. 影響図
D. 原因と結果の図
Answer: B
NEW QUESTION: 3
Which of the following is an advantage of using single-mode fiber?
A. Longer distance
B. Sturdier cable plant
C. Greater turn radius
D. Smaller cable
Answer: A