Which of the Following Is Required by IFRS

question 36

Multiple Choice

Which of the following is required by IFRS?

• A) Resources acquired through government grants must be recorded at cost.
• B) Resources acquired through government grants must be recorded at fair value.
• C) Resources acquired through government grants must be accounted for using the capital approach.
• D) Resources acquired through government grants must be accounted for using the income approach.

---

Definitions:

Stays Home

The act of remaining in one's living residence instead of going out to social or public places.

Industrial-Organizational Psychologist

A professional who applies psychological theories and principles to the workplace, aiming to improve productivity, select and retain employees, and enhance organizational effectiveness.

Job Satisfaction

The degree to which an individual feels fulfilled, content, and happy with their job.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in a production process.