Q30. Assume U.S.GAAP (generally accented accounting principles] applies unless otherwise noted. Compared to the completed contract method of revenue recognition, will the percentage-of-completion method most likely result in higher:
| Total assets? | Liabilities? | A | No | No | B | No | Yes | C | Yes | No | D | Yes | Yes |
A. Answer A B. Answer B C. Answer C D. Answer D |