According to AASB 116,the Cost of an Item of Property,plant

According to AASB 116,the cost of an item of property,plant and equipment shall be recognised as an asset if,and only if:

A) it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item cannot be measured reliably
B) it is possible that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably
C) it is possible that future economic benefits associated with the item will flow to the entity and the cost of the item cannot be measured reliably
D) it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably