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There are several conventions used to aid in estimating percentage completion.Which of the following is the most conservative?
Public Agency
An organization operated by the government to manage specific functions or provide services such as education, health, or transportation.
Business Structure
The legal and organizational framework chosen by a company that defines its operations, liabilities, responsibilities, and regulatory obligations.
Sole Proprietorship
An unincorporated firm owned and operated by one person.
Money Income
It refers to the total amount of monetary earnings received by an individual or household, including wages, salaries, and other forms of financial income.
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