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1 - What is the main accounting issue in IPSAS 3 2 'Service concession arrongements' grantor'? Sorry, your answer was not correct! How the grantor
What is the main accounting issue in IPSAS 'Service concession arrongements' grantor'?
Sorry, your answer was not correct!
How the grantor is to recognze revenue
Whether the grantor is to recognize a service concession liability
Whether the grantor should recognize a service concession
When the grantor is to recogrize expenses under the service concession
A local medical provider carried a provision of USD in its draft financial statements to March in relation to an unresolved court case. On April when the financial statements to March had not yet been authorised for issue, the case was settled and the court decided the final total damages payable by the provider to be USD Following IPSAS 'Events after the reporting period, what is the correct accounting treatment in relation to this event?
Phesse select the right answer.
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Adjust USD
Disclose USD
Adjust USD
Neither disclose nor adjust
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