Use the Following Information for Questions

question 60

Multiple Choice

Use the following information for questions:
Streetside Construction agreed to build a shopping centre for $25,000,000 over the next four years.Estimated cost for years one through four are: $7,500,000; $5,000,000; $5,000,000; and $2,500,000.
-Assume total estimated costs to complete the job at the beginning of year three were revised to $27,000,000.Under the percentage of completion method, the loss for year three would be:

• A)$3,125,000)
• B)$2,000,000)
• C)$7,000,000)
• D)$5,125,000)

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Definitions:

Rational-emotive Therapy

is a form of cognitive-behavioral therapy founded by Albert Ellis that aims to help individuals identify and change irrational beliefs that lead to emotional and behavioral issues.

Directive Role

A directive role refers to a position or function within an organization where a person leads, guides, or influences others towards achieving certain goals or objectives.

Systematic Desensitization

A behavioral therapy technique used to help individuals overcome phobias and other anxiety disorders by gradually exposing them to the object or situation of their fear while teaching them relaxation techniques.

Phobias

Irrational fears of specific objects, activities, or situations, leading to intense anxiety and avoidance behavior.