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How can "oil and vinegar" be classified?
(Two phases are present.)
Income
The financial gain earned by an individual or a company, usually measured over a specific time period and derived from various sources like sales or investments.
Construction Expense
Costs directly related to the construction of a building or infrastructure, including materials, labor, and other expenses incurred during the process of building.
Percentage-Of-Completion Method
An accounting technique used to recognize revenue and expenses of long-term contracts as a percentage of work completed during the period.
Actual Construction Costs
The total expenses incurred during the construction of a building or infrastructure, including materials, labor, and any other costs.
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