How Does IFRS Require That Government Grants for Property, Plant

Multiple Choice

How does IFRS require that government grants for property, plant and equipment (PPE) be recorded?

A) The government grant should be recorded using the income approach.
B) The government grant should be recorded using the capital approach.
C) The government grant should not be recorded using either the income or capital approach.
D) IFRS do not provide any guidance for recording government grant.