A ________ is a small text file passed to a Web browser on a user's computer by a Web server

In no case can "market" in the lower-of-cost-or-market rule be more than

a. estimated selling price in the ordinary course of business. b. estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal. c. estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal and an allowance for an approximately normal profit margin. d. estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal, an allowance for an approximately normal profit margin, and an adequate reserve for possible future losses.

Companies must recognize a loss on an unprofitable contract under the percentage-ofcompletion method but not the completed-contract method.

a. true b. false