Canada Has a Foreign-Trained Professional Problem

question 58

Multiple Choice

Canada has a foreign-trained professional problem.Which statement best describes the situation of foreign-trained professionals in Canada?

• A) According to a 2007 statistic,only 50 percent of foreign-trained professionals were working in their professions.
• B) According to a 2007 statistic,only 25 percent of foreign-trained professionals were working in their professions.
• C) Because of Canada's professional governance organizations,hardly any foreign-trained professionals are working in their professions.
• D) Because of recent improvements in retraining for qualification,nearly 80% of foreign-trained professionals are working in their professions.

---

Definitions:

Measurability Conditions

Criteria that determine when revenue can be recognized in the accounting process, ensuring it can be reliably measured.

Percentage-Of-Completion Method

An accounting method used to recognize revenue and expenses of long-term projects proportionally with the degree of completion.

Revenue Recognition

the accounting principle dictating the conditions under which revenue is considered earned and can be recorded in the financial statements.

Contract Price

The agreed-upon price for goods or services that is specified in a contractual agreement.