Answer:
d. No Yes
Explanation:
  At a Point in Time Upon         Over Time According to
  Contract Completion            Percentage of Completion
a)      no                           no
b)      yes                          no
c)      yes                          yes
d)      no                           yes
When companies engage in long contract, they generally use the percentage of completion method to recognize both expenses and revenues. As the company finishes or completes a certain percentage of the project, it will start to recognize revenue according to how much work it completed.
