Examlex
All of the following are true of early-maturing girls EXCEPT:
AASB 120
An Australian accounting standard regarding accounting for government grants and disclosure of government assistance.
IAS 20
A regulation named "Accounting for Government Grants and Disclosure of Government Assistance" under International Accounting Standards.
Government Grant
Financial assistance provided by the government to entities, usually in the form of cash or tax breaks, with specific conditions for use.
Performance Obligation
A commitment in a contract to transfer a distinct good or service to a customer, which is a fundamental concept in revenue recognition.
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