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2. An asset is defined in the conceptual framework as: * LG (1 Point) a resource controlled by the entity as a result of past

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2. An asset is defined in the conceptual framework as: * LG (1 Point) a resource controlled by the entity as a result of past events a resource controlled by the entity as a result of future events and from which possible future economic benefits may flow to the entity. a resource controlled by the entity from which future economic benefits are expected to flow to the entity. a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity

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