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How does IFRS require that government grants for property, plant and equipment (PPE) be recorded? O a. The government grant should be recorded directly to
How does IFRS require that government grants for property, plant and equipment (PPE) be recorded? O a. The government grant should be recorded directly to retained earnings. Ob. The government grant should be recorded as an income item, assuming the government is not one of the firm's shareholders. Oc. The government grant should be recorded as an other comprehensive income item. Od The government grant should be recorded. Whiscash went to court this year and successfully defended its patent from infringement by a competitor. The cost of this should be charged to O a patents and amortized over the legal life of the patent. Ob legal fees and amortized over five years or less. Oc patent expense in the period. O d. patents and amortized over the remaining useful life of the patent
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