Under IFRS, Accounts Receivable Can Be Accounted for as "Available

question 172

True/False

Under IFRS, accounts receivable can be accounted for as "available for sale" if that approach is elected upon initial recognition of the receivable.

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Definitions:

Customer Value Proposition

is a business or marketing statement that describes why a customer should buy a product or use a service, outlining the unique value the product or service provides.

Multisided Markets

Platforms or marketplaces that connect two or more distinct but interdependent groups of customers, benefiting from indirect network effects.

Infrastructure

The fundamental physical and organizational structures and facilities needed for the operation of a society or enterprise.

Justin's Nut Butters

A brand known for producing a variety of natural and organic nut butters.