What is true about both IFRS and U.S.GAAP with respect to service contracts?
A)IFRS and U.S.GAAP both allow the use of the percentage-of-completion method.
B)Neither IFRS, nor U.S.GAAP allows the use of the percentage-of-completion method.
C)IFRS allows the use of the percentage-of-completion method while U.S.GAAP does not.
D)U.S.GAAP allows the use of the percentage-of-completion method while IFRS does not.

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The Answer of What is true about both IFRS and U.S.GAAP with respect to service contracts?
A)IFRS and U.S.GAAP both allow the use of the percentage-of-completion method.
B)Neither IFRS, nor U.S.GAAP allows the use of the percentage-of-completion method.
C)IFRS allows the use of the percentage-of-completion method while U.S.GAAP does not.
D)U.S.GAAP allows the use of the percentage-of-completion method while IFRS does not.

What Is True About Both IFRS and U