Estimated profit on incomplete contract can also be called as ,……………..
A) Net profit
B) notional profit
C) Work in progress
D) net loss
Correct Answer:
Verified
Q2: A contract in which the contractor is
Q3: The person who gives the work on
Q4: ……….. is the portion of work certified
Q5: The work in the process of completion
Q6: …………….. is the provision to increase the
Q8: A contract in which the price is
Q9: A portion of the contact entrusted to
Q10: A method of costing applied where costs
Q11: The method of costing applied when articles
Q12: The number of units to be manufactured
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