A Recognition Criterion for Assets Is That the Entity Reporting

A recognition criterion for assets is that the entity reporting them should have control (but not necessarily ownership) of them.Heritage assets often have features that make the establishment of control difficult.These features include:

A) The interrelationships between legislation and regulations governing heritage assets may make it difficult to establish which government agency has ultimate control over the asset.
B) It can be difficult to control access to a range of heritage assets.
C) The government agency with responsibility for the heritage asset may be restricted in what it may do with the asset.
D) The interrelationships between legislation and regulations governing heritage assets may make it difficult to establish which government agency has ultimate control over the asset; and the government agency with responsibility for the heritage asset may be restricted in what it may do with the asset.
E) All of the given answers.