The Percentage of Completion Profit for a Particular Project of Redgate

question 16

Multiple Choice

The percentage of completion profit for a particular project of Redgate Ltd was $200 000 for year 1 and $220 000 for year 2 (completion) . What difference would there be in profit for year 1 if the completion of production method were used?

• A) Profit would be $200 000 higher.
• B) Profit would be $200 000 lower.
• C) There would be no difference.
• D) None of the above.

---

Definitions:

Blog Marketing

The use of weblogs as a means to promote products, services, or brands, engaging audiences and driving traffic.

Company Blog

A regularly updated website or web page, typically run by an individual or a business, to communicate directly with its audience.

Feedback from Customers

Information, opinions, or input provided by customers about their experience with a company’s products or services, used for improvement and satisfaction enhancement.

Frequent Customers

Customers who make purchases or engage with a business on a regular, repeated basis.