Professionals such as solicitors may use the ________ to record income if the receipt of fees is regarded as very uncertain.
A)collection method
B)percentage of completion method
C)instalment method
D)sales method

Question

Quizplus · Accepted Answer

The collection method is used when the receipt of fees is uncertain, allowing income to be recorded only when cash is actually collected.

Professionals Such as Solicitors May Use the ________ to Record