In Accordance with the Conceptual Framework, Income Is Recognised in the Statement

Multiple Choice

In accordance with the conceptual framework, income is recognised in the statement of profit or loss and other comprehensive income when:

A) an decrease in future economic benefits relating to an decrease in an asset or an increase in a liability can be measured reliably.
B) an increase in future economic benefits relating to an increase in an asset or a decrease in a liability can be measured reliably.
C) an increase in future economic benefits relating to an increase in an asset can be measured reliably.
D) an increase in future economic benefits relating to an decrease in an asset or a increase in a liability can be measured reliably.