Based on the requirements and guidance of IFRS 15, one of the following is not considered part of the cost of contracts in progress: * a- Design and technical assistance costs that are directly related to a specific contract. b- The estimated costs of repair and labor guarantee expenses, including the estimated costs of the warranty related to the contract. c- Claims and compensations by other parties. D- Expense for the depreciation of the company's management buildings.

Based on the requirements and guidance of IFRS 15, one of the following is not considered part of the cost of contracts in progress: * a- Design and technical assistance costs that are directly related to a specific contract. b- The estimated costs of repair and labor guarantee expenses, including the estimated costs of the warranty related to the contract. c- Claims and compensations by other parties. D- Expense for the depreciation of the company's management buildings.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter8: Revenue Recognition, Receivables, And Advances From Customers

Section: Chapter Questions

Problem 3Q

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