Solve the System by the Method of Elimination and Check $$\left\{ \begin{array} { l } 0.05 x - 0.03 y = 0.29 \\0.07 x + 0.02 y = 0.22\end{array} \right.$$

question 49

Multiple Choice

Solve the system by the method of elimination and check any solutions algebraically. ​​ $$\left\{ \begin{array} { l } 0.05 x - 0.03 y = 0.29 \\0.07 x + 0.02 y = 0.22\end{array} \right.$$ ​

• A)(4,- 3)
• B)(4,3)
• C)​(7,- 7)
• D)​(- 4,3)
• E)​(- 4,- 3)

Apply the percentage-of-completion method for income recognition in long-term construction projects.

Determine the appropriate revenue recognition approach when outcome measurement is not reliable under IFRS.

Recognize revenue and expenses correctly under the installment sales method.

Apply the completed-contract method for long-term contracts.

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