Which of the Following Is NOT a Condition That Needs

question 8

Multiple Choice

Which of the following is NOT a condition that needs to be satisfied prior to recognising revenue from the rendering of services using the 'percentage of completion' method?

• A) the amount of revenue can be measured reliably
• B) the stage of completion of the transaction can be measured reliably
• C) the costs of the transaction (including future costs) can be measured reliably
• D) the contract is non-cancellable.

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Definitions:

19th Amendment

An amendment to the United States Constitution, ratified in 1920, granting women the right to vote.

War Industries

Sectors of the economy involved in the production of weapons, military equipment, and other goods necessary for conducting warfare.

Conditioned Stimulus

In classical conditioning, a previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Operant Responding

A behavioral concept where the strength of a behavior is modified by reinforcement or punishment.