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Explain the MySQL cursor statements.
Long-Term Construction Projects
Large scale construction endeavors that span over a long period, often requiring special accounting methods like the percentage-of-completion method for revenue recognition.
Percentage-Of-Completion Method
An accounting method used to recognize revenue and expenses of long-term contracts as a proportion of the work completed during the period.
Revenue Recognition
The accounting principle that outlines the specific conditions under which revenue is recognized as earned and can be reported on financial statements.
Contract Price
The total agreed upon amount to be paid for goods or services as specified in a contract.
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