Which of the Following Accounting Policies Is an Example of a Trade-Off

Multiple Choice

Which of the following accounting policies is an example of a trade-off between relevance and faithful representation?

A) Research outflows are expensed and development activities expenses are capitalised.
B) Biological assets are stated at fair value unless the fair value cannot be measured reliably.
C) Machinery and equipment are reviewed periodically to assess propriety of useful life estimations used in depreciation.
D) All of the given answers are correct.