For an outflow to be recognised as an expense it must be probable that the outflow of future economic benefits has occurred or the expense must be able to be measured with reliability.

Question

Quizplus · Accepted Answer

The Answer of For an outflow to be recognised as an expense it must be probable that the outflow of future economic benefits has occurred or the expense must be able to be measured with reliability.

For an Outflow to Be Recognised as an Expense It