Use the Following Information for Questions

question 22

Multiple Choice

Use the following information for questions.
Alternative Ltd.Began work in 2017 on a contract for $1,200,000.Other details follow:
-Assume that Alternative uses the percentage-of-completion method of accounting.The portion of the total gross profit to be recognized in 2017 is

• A)$75,000.
• B)$100,000.
• C)$300,000.
• D)$400,000.

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Definitions:

Gender

The socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.

Pie Charts

A graphical representation where a circle is split into segments, with each segment depicting a part of the total.

GPA

Grade Point Average, a numerical measure of a student's academic performance, calculated by dividing the total amount of grade points received by the total amount of credit hours attempted.

Gender

A social construct that refers to roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.