Handbook of Construction Management and Organization |
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Page 610
The Accrual Method year in which income is to be reported . The language of the present regulations was adopted originally in 1918 and has not been changed substantially since . The regulations state that a long - term contract is a ...
The Accrual Method year in which income is to be reported . The language of the present regulations was adopted originally in 1918 and has not been changed substantially since . The regulations state that a long - term contract is a ...
Page 611
Once a method of reporting income from a long - term contract has been used , such method must be used ... from the contracts of substantial duration on the percentage of completion method or the completed contract method and report the ...
Once a method of reporting income from a long - term contract has been used , such method must be used ... from the contracts of substantial duration on the percentage of completion method or the completed contract method and report the ...
Page 642
Individual Level - Cost Method This method uses the level funding approach , but fixes the level cost or level rate of contributions for each employee at an amount that would fund future pension payments over the remaining future ...
Individual Level - Cost Method This method uses the level funding approach , but fixes the level cost or level rate of contributions for each employee at an amount that would fund future pension payments over the remaining future ...
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Common terms and phrases
accounting activities actual additional agent agreed agreement amount application bank basis become bond building capital changes charged complete concrete considered construction contract contractor cost COST AMOUNT cover detailed determine developed direct engineer equipment estimate expense experience facilities field Figure final financing handling important increase interest involved joint venture labor less limited loan loss machine maintenance major materials matter ment method necessary needed normally operations organization owner payment percent performance period personnel plans plant possible practice prepared preventive problems procedures production profit proposal purchase rates reason received records repair responsibility result schedule specifications statement subcontractors supplies surety tion tractor underwriter UNIT UNIT COST usually various