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:

Secondhand Smoke

Smoke inhaled involuntarily from tobacco being smoked by others, posing health risks to nonsmokers.

Dry-seal Suction Drainage

A system used for wound drainage that employs a one-way valve mechanism to evacuate air and fluid without allowing backflow.

Chest Tube

A medical device inserted into the pleural space to remove air, fluid, or pus, used in conditions like pneumothorax or pleural effusion.

Tracheostomy Tube

A tube inserted into a surgically-made hole in the front of the neck and into the windpipe to help an individual breathe.