According to the Core Principle of the New Standard Being

According to the core principle of the new standard being prepared to replace IAS 18 and IAS 11,revenue should be recognized to depict:

A) The transfer of goods or services in an amount which reflects the fair value of the goods or services
B) The transfer of goods or services in an amount which reflects the entity's' outlay costs
C) The transfer of goods or services in an amount which reflects the consideration the entity expects to receive
D) The transfer of goods or services in an amount which reflects the entity's' possible losses if the buyer becomes unable to pay