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According to IFRS 15, the Methods for Recognising Revenue on Arrangements

Question 10

Multiple Choice

According to IFRS 15, the methods for recognising revenue on arrangements involving the transfer of goods or services over time are:
I. Output methods
II) Residual method
III) Input methods
IV) Adjusted assessment method


A) I., II. and III.
B) I. and IV.
C) I. and III.
D) II., III. and IV.

Correct Answer:

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