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What is the mean of "cost to cost method" in measure cost in construction project ?

Cost Accounting Cost Optimisation Costing
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Question added by Zaher Samir Awad , Assistant General Manager (AGM) , Project Construction & Engineering System (PROCES)
Date Posted: 2015/05/17
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Mazharuddin Galdi
by Mazharuddin Galdi , Auditor, Accountant and Consultant , Smitha Sailesh and Company

The cost to cost method is used by project accountants to determine the percentage of completion of a project, and therefore the amount of revenue that can be recognized. It is an underlying component of the percentage of completion method

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