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Construction contracts

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Construction contracts

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 25, 2010 at 7:01 am #46220
    valentinat171
    Member
    • Topics: 18
    • Replies: 34
    • ☆☆

    Dear Tutor,
    First, let me say thank you for answering all our questions, very much appreciated.

    And another question, of course 🙂
    If have enough information in the question to calculate the percentage of completion using both ways (work certified/total contract price and costs incurred to date/total estimated costs), and the resultant percentages are different, which one should I use?

    Huge thanks,
    Valentina

    P.S. Happy Turkey Day!

    November 25, 2010 at 8:32 pm #71467
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Thanks for the Turkey wishes!

    I can’t see that he will do that to you. He would more likely give you the percentage complete OR he’ll state within the question which method the company has adopted.

    Thank you for all your nice comments and a happy asparagus day to you

    And good luck in the exam

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