A revenue recognition method that recognizes revenue before the time of sale is

A) percentage-of-completion
B) installment
C) cost recovery
D) point of sale

Percentage-of-Completion

An accounting method typically used in long-term contracts, recognizing revenues and expenses in proportion to the work completed during the period.

Installment

A method of paying for goods or services or the repayment of a loan in parts, typically on a monthly basis, over a period of time.

Cost Recovery

The process of regaining the value of an investment or expense, often through depreciation, amortization, or directly recouping expenses.