Which Criteria Under IAS 38 Would Be Met If There

question 78

Multiple Choice

Which criteria under IAS 38 would be met if there is a "project budget that outlines the specific costs, so the costs of the project are likely to be measured with sufficient reliability"?

• A)Measurement reliability.
• B)Management intention.
• C)Technical feasibility.
• D)Resource adequacy.

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Definitions:

Dram Shop Statutes

Laws that hold alcohol-serving establishments liable for serving alcohol to visibly intoxicated persons or minors who subsequently cause harm.

Emergency Services

Public or private organizations that provide assistance and protect the public during emergencies, such as fire, medical, and law enforcement services.

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in unintended harm to another party.

Tort Law

A section of law that deals with civil wrongs, providing remedies for individuals harmed by the wrongful actions of others.