Which Method of Revenue Recognition Do IFRS Require for Construction

question 68

Multiple Choice

Which method of revenue recognition do IFRS require for construction contracts when the percentage-of-completion method cannot be applied?

• A)completed contract
• B)installment sales
• C)completed contract.
• D)cost recovery

---

Definitions:

Job Enlargement

The process of increasing the number and variety of tasks that an employee performs, aiming to enhance job satisfaction and performance.

Technostress

The stress caused by new and advancing technologies in the workplace.

Job Rotation

A variation of job enlargement in which workers are exposed to a variety of specialized jobs over time.

Herzberg's Two-Factor Theory

A theory proposing that job satisfaction and dissatisfaction arise from two distinct sets of factors—motivators (e.g., achievements) and hygiene factors (e.g., salary).