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 an decrease in a liability can be measured reliably.
D) none of the options are correct.