Question: and explain the TWO (2) fundamental qualitative characteristics. QUESTION 4 D Ltd is a large manufacturing company. Wherever possible, it structures its operations to take

and explain the TWO (2) fundamental qualitative characteristics. QUESTION 4 D Ltd is a large manufacturing company. Wherever possible, it structures its operations to take advantage of any financial assistalice available from national and regional authorities. During the year, D Itd decided to relocate some of its other operations to a regional development area, which offers attractive labour costs and tax incentives. The regional government agreed to contribute GHe200,000 as a result of D Itd setting up in the regional development area. There are no particular conditions as to what the money should be spent on. The cash was received on August 2012. Required: In accordance with, JAS 20: Accounting for Government Grants and Disclosure of Government Assistance explain the financial reporting treatment of the above in the financial statements of D Itd for the year ended 31 December 20195

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