Decide whether the following issues are referring to recognition, measurement or disclosure. Give a reason for your
Question:
Decide whether the following issues are referring to recognition, measurement or disclosure. Give a reason for your answer.
(a) Minor purchases of stationery.
(b) Asbestosis class action by the users of an affected building.
(c) Renovation and improvement of a property.
(d) Potential financial risk of the upcoming sports championships for the local council (e.g. security costs).
(e) Difficulties finding new tenants for a vacant investment property.
(f) Downsizing of defence forces resulting in redundant property.
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