Question: What are the current IFRS regarding customer loyalty programs (such as frequent flyer points)? Select one: O a. The current proceeds are to be split

What are the current IFRS regarding customer loyalty programs (such as frequent flyer points)? Select one: O a. The current proceeds are to be split between the original transaction and the award credits (as unearned revenue). O b. They are recognized only in the financial statement notes. Oc. They are not explicitly addressed. O d. They are recognized only when customers redeem their points. Oe. Currently there are no standards specified for this issue

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