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IFRS 15 States That,revenue Associated with a Transaction Should Be

Question 6

Multiple Choice

IFRS 15 states that,revenue associated with a transaction should be recognized as a function of the stage,or percentage of completion of the transaction,at the end of the reporting period,when the outcome of a transaction involving the rendering of services can be estimated ____.


A) Approximately
B) Undoubtedly
C) Accurately
D) Reliably

Correct Answer:

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