IASB (2011) Revenue from Contracts with Customers requires an entity to recognise revenue for a performance obligation satisfied over time only if the entity can:
A) reasonably measure with complete satisfaction the performance obligation.
B) reasonably measure its expected revenue of the performance obligation.
C) reasonably measure its expected costs of the performance obligation.
D) reasonably measure its progress towards complete satisfaction of the performance obligation.
Correct Answer:
Verified
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