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Which of the Followings Are the Recognition Criteria of Elements

Question 20

Multiple Choice

Which of the followings are the recognition criteria of elements of financial statements?
I. Existence of economic benefitsIII. Probable occurrence II.Reliable measurement IV. Control by the entits\begin{array}{ll}I.\text { Existence of economic benefits}&III.\text { Probable occurrence }\\II.\text {Reliable measurement }&IV.\text { Control by the entits}\\\end{array}


A) I and II
B) II and III
C) II and IV
D) I and III

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