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答案和详解如下:

Q30  C  07 Modular Level I, Vol. I, pp 57-62  Study Sessions 7-34-c

Compared to the completed contract method, the percentage-of-completion method will most likely result in higher total assets, reflecting the accrual of gross profit during the contract period and lower liabilities, as the higher level of construction-in-progress provides a larger offset to advance billings.

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