Using the Percentage-Of-Completion Method for Recognising Profit on a Construction

Using the percentage-of-completion method for recognising profit on a construction contract is advisable in situations where:

A) future costs are likely to fluctuate substantially
B) the ability of either party to the contract to satisfy the terms of the contract is unknown
C) the contract price is clearly specified in a non-cancellable contract
D) the percentage-of-completion method is not advisable in any of the above situations