In 399 BCE

question 2

Multiple Choice

In 399 b.c.e., an Athenian jury condemned ________ to death on the charges of bringing new gods into the city and of corrupting the youth.

• A) Euripides
• B) Plato
• C) Socrates
• D) Aristotle

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Definitions:

Percentage-Of-Completion Method

An accounting method that recognizes revenues and expenses of long-term projects proportionately with the degree of completion.

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) that is used globally to prepare public company financial statements.

Contract Revenue

Revenue recognized by a company from contracts for the sale of goods or services, often recognized over the period of the contract based on the completion or delivery of services/goods.

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board that are becoming the global standard for the preparation of public company financial statements.