AASB 2 states that when goods or services received or acquired in a share-based payment transaction do not qualify for recognition as assets,they shall be recognised as:
A) liabilities.
B) equity.
C) income.
D) expenses.

Question

Quizplus · Accepted Answer

According to AASB 2, when goods or services received in a share-based payment transaction do not qualify for recognition as assets, they should be recognized as expenses.

AASB 2 States That When Goods or Services Received or Acquired