Which of the Following Is Not an Example of a Primary

question 27

Multiple Choice

Which of the following is not an example of a primary source?

• A) A recorded interview with a holocaust survivor
• B) A newspaper article from 1917
• C) A piece of jewelry worn by a Hollywood star
• D) A journal article analyzing the fall of communism

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Definitions:

Long-Term Contracts

Agreements that establish the terms for ongoing services or project work that lasts over an extended period, often involving incremental delivery and payment schedules.

Contract Loss

A financial loss encountered in a contract when the total costs exceed the revenue earned from the contract, typically recognized in construction or long-term projects.

Percentage-of-Completion Method

An accounting method used to recognize revenue and expenses of long-term contracts in proportion to the work completed.

Estimated Revenues

Projections of the amount of money a business expects to receive from its activities or sales within a specific period.