问题
单项选择题
Assuming a project is in process, which of the following best describes a difference between the percentage-of-completion method versus the completed contract method for revenue recognition The:（）
A. completed contract method generates higher cash flows.
B. percentage-of-completion method results in higher earnings volatility.
C. percentage-of-completion method generally results in higher total assets.
答案
参考答案：C
解析：
Both methods generate the same cash flows, while the percentage-of-completion method has higher total assets and lower income volatility.