Question: Identify whether each concept in the following table relates to (i) An element, (ii) An assumption, (iii) A constraint in the IFRS framework. Concept a.

Identify whether each concept in the following table relates to

(i) An element,

(ii) An assumption, 

(iii) A constraint in the IFRS framework.

Concept a. Expense b. Capital maintenance c. Cost d. Liability e. Going

Concept a. Expense b. Capital maintenance c. Cost d. Liability e. Going concern f. Income g. Equity h. Asset Element Assumption Constraint

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