Highrise Constructions Ltd Had a Large Three-Year Project with Total

question 18

Multiple Choice

Highrise Constructions Ltd had a large three-year project with total revenue of $5 000 000 and estimated total costs of $4 200 000. The project was 25 per cent complete at the end of the first year, 55 per cent complete at the end of the second year and 100 per cent complete at the end of the third year. Revenues and costs were as estimated. How much profit was earned during the third year if the completion of production method was used?

• A) $360 000
• B) $440 000
• C) $800 000
• D) None of the above

---

Definitions:

Applied Behavior Analysis

A therapy based on the principles of behaviorism used to improve specific behaviors while reducing unwanted ones through reinforcement strategies.

Autism

A developmental disorder characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication.

Cognitive Deficiencies

Limitations in thought processes, including attention, memory, and problem-solving abilities.

Language Skills

Language Skills encompass the abilities involved in the comprehension and production of language, including listening, speaking, reading, and writing.