Under IFRS, which of the following is considered to be a measure of current cost?
A) systematic value
B) direct cost
C) present value of future cash flows
D) historical cost

Name: Under IFRS, which of the following is considered to be a measure of current cost? A) systematic value B) direct cost C) present value of future cash flows D) historical cost
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Question

Quizplus · Accepted Answer

Present value of future cash flows is considered to be a measure of current cost under IFRS.

Under IFRS, Which of the Following Is Considered to Be