Under AASB 9,an entity is required to recognise a financial asset or liability on its statement of financial position when,and only when,it becomes a party to the contractual provisions of the instrument.

Name: Under AASB 9,an entity is required to recognise a financial asset or liability on its statement of financial position when,and only when,it becomes a party to the contractual provisions of the instrument.
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The Answer is True

Under AASB 9,an Entity Is Required to Recognise a Financial