Question: What is the process for expense recognition when it is difficult to directly match the expenses to revenue? A) the expense is recognized as an

What is the process for expense recognition when it is difficult to directly match the expenses to revenue?

A) the expense is recognized as an asset until matching to expenses can be established

B) IFRS and ASPE provide rules to follow in these cases

C) the expense is recognized in the same period in which the liability is created

D) the costs are systematically expensed over time based on a rational method

What is the process for expense recognition when it is difficult to

What is the process for expense recognition when it is difficult to directly match the expenses to revenue? the expense is recognized as an asset until matching to expenses can be established O IFRS and ASPE provide rules to follow in these cases O the expense is recognized in the same period in which the liability is created O the costs are systematically expensed over time based on a rational method

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