The most popular input measure used to determine the progress toward completion in long-term contracts is the cost-to-cost basis.

Name: The most popular input measure used to determine the progress toward completion in long-term contracts is the cost-to-cost basis.
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Question

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Cost-to-cost basis is the most commonly used input measure to determine the progress toward completion in long-term contracts. This measure involves comparing the actual costs incurred to date with the estimated total cost of the project.

The Most Popular Input Measure Used to Determine the Progress