27 When should an item that meets the definition of an element be recognized, according to the Framework? ton When the entity obtains control of the rights or obligations associated with the item When it is probable that any future economic benefit associated with the item will flow to or from the entity and the item has a cost or value that can be measured with reliability When it is probable that any future economic benefit associated with the item will flow to or from the entity When the element has a cost or value that can be measured with reliability 28 Not yet