When losses occur on long-term contracts using the percentage-of-completion method,they are recognized

A) in their entirety as soon as it becomes known that a loss will be suffered.
B) at the completion of the project.
C) proportionately over the contract period using costs incurred as a base.
D) evenly over the contract perioD.

Atkins Limited classifies interest paid and interest received as operating activities. Atkins Limited had the following cash flows during the reporting period: Consideration paid to acquire a subsidiary, net of cash acquired $150 000
Dividends paid $30 000
Repayment of borrowings $60 000
Interest paid on borrowings $24 000
Proceeds from sale of plant $100 000
The amount of the cash flows in relation to financing activities of Atkins Limited for the reporting period is:

A) Net cash inflow $90 000.
B) Net cash outflow $90 000.
C) Net cash inflow $30 000.
D) Net cash outflow $30 000.

The two types of statistical analysis used in six sigma include descriptive statistics and inferential statistics.