Under IAS 18 Interest Revenue Is Recognised as Follows

question 13

Multiple Choice

Under IAS 18 interest revenue is recognised as follows:

• A) On a straight line method
• B) On an effective interest method
• C) On either an effective interest method, or a straight line method, depending on which method the entity feels provides the most relevant and reliable information.
• D) At the time of receipt of the interest.

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Definitions:

Hypnosis

A mental state of highly focused concentration, diminished peripheral awareness, and heightened suggestibility.

Aggressive Desires

Aggressive desires denote an individual's underlying feelings or impulses that lead to aggressive thoughts or behaviors, often as a response to frustration or perceived threats.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Hypnotic Suggestion

A method used in hypnotherapy whereby the therapist suggests certain perceptions, feelings, thoughts, or behaviors to the patient under hypnosis to alter their subconscious motivations or behaviors.