Expenses Are Recognised in the Statement of Profit or Loss

Multiple Choice

Expenses are recognised in the statement of profit or loss and other comprehensive income when:

A) increase in future economic benefits related to a increase in an asset or an increase in a liability can be measured reliably.
B) a decrease in future economic benefits related to a decrease in an asset or an increase in a liability can be measured reliably.
C) a decrease in future economic benefits related to a decrease in an asset or a decrease in a liability can be measured reliably.
D) none of the options are correct.