According to IFRS 15, Which Method Should Be Used to Estimate

question 16

Multiple Choice

According to IFRS 15, which method should be used to estimate the stand-alone selling prices?
I) Adjusted market assessment approach.
II) Expected cost plus a margin approach.
III) Residual approach, in limited circumstances.

• A) I., II. and III.
• B) I. and II.
• C) II. and III.
• D) None of the above

---

Definitions:

1980s

A decade characterized by major economic, political, and technological changes around the world, including the acceleration of the digital revolution and the end phase of the Cold War.

Savings Rate

The proportion of disposable income that individuals or households save rather than spend.

Consumption

The use of goods and services by households, constituting one of the primary components of gross domestic product (GDP).

China

A country in East Asia, the world's most populous nation, with a long history, rich culture, and significant economic influence.