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Construction contracts (See Chapter 7 of the Vernimmen)
Construction contracts may sometimes take more than one year to complete (construction of ships, dams, etc), leading to specific accounting treatment (percentage of completion method, completed contract method).
Construction contracts (See Chapter 7 of the Vernimmen)
Construction contracts may sometimes take more than one year to complete (construction of ships, dams, etc), leading to specific accounting treatment (percentage of completion method, completed contract method).
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