[Solved] Which of the Following Is Least Likely to Be a Reason

Question 160
Multiple Choice

Which of the following is least likely to be a reason why a long-term construction contract would qualify for revenue recognition over time?

A)The customer consumes the benefit of the seller's work as it is performed.
B)The customer controls the asset as it is created.
C)The seller is creating an asset that has no alternative use to the seller,and the seller has the legal right to receive payment for progress to date.
D)The seller is constructing an addition to property that is owned by the customer.

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