An Expenditure Qualifies as an Asset If It Has Which

Multiple Choice

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