The actual carryover from one project to another is minimal because projects are unique, one-time events

Healthcare employers are obligated to provide a safe workplace.

a. true b. false

When using the cost recovery method of accounting for long-term construction contacts under IFRS, early in the life of the contract it is typically the case that:

a. expenses in excess of revenues are recognized b. revenues in excess of expenses are recognized c. an equal amount of revenue and expense is recognized d. there is no predictable pattern of revenue and expenses