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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

1-What is the main accounting issue in IPSAS 32 '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
2-A local medical provider carried a provision of USD 200,000 in its draft financial statements to 31 March 2014 in relation to an unresolved court case. On 15 April 2014, when the financial statements to 31 March 2014 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 280,000. Following IPSAS 14 'Events after the reporting period, what is the correct accounting treatment in relation to this event?
Phesse select the right answer.
Sorry, your answer was not correct!
Adjust USD 280,000
Disclose USD 80,000
Adjust USD 80,000
Neither disclose nor adjust
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