Question: 1. Explain the current environment regarding revenue recognition. 2. What was viewed as a major criticism of IFS as regards revenue recognition? 1. Explain the

1. Explain the current environment regarding revenue recognition.
2. What was viewed as a major criticism of IFS as regards revenue recognition?
 1. Explain the current environment regarding revenue recognition. 2. What was

1. Explain the current environment regarding revenue recognition. 2. What was viewed as a major criticism of IFRS as regards revenue recognition

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