Applied Cost Accounting MCQ: If the value of work certified equal to or more than 90% of contract price, profit to be credited is………………. | Extra Education

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If the value of work certified equal to or more than 90% of contract price, profit to be credited is……………….

Correct Answer: Estimated profit on completion*(Work certified/Contract price)

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Applied Cost Accounting MCQ: If the value of work certified equal to or more than 90% of contract price, profit to be credited is………………. | Extra Education