An expenditure qualifies as an asset if it has which of the following characteristics?
a. It embodies a probable future benefit.
b. A particular entity can obtain the benefit and control others' access to it.
c. The transaction or other event giving rise to the entity's right to, or control of, the benefit has already occurred.
d. The fair value of the item at the time of initial recognition can be measured with sufficient reliability.
e. all of the above
E
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Discuss the problems associated with conducting developmental and evaluative performance appraisals at the same time.
What will be an ideal response?
Opportunity cost is the amount of increase or decrease in cost that would result from the best available alternative to the proposed use of cash or its equivalent
Indicate whether the statement is true or false
When a private corporation decides to sell its shares to the public for the first time it is called
A) a prospectus B) an IPO (initial public offering) C) a share transfer D) share capital E) insider trading
Describe how to identify primary actors
What will be an ideal response?