How is income and expense recognized for biological assets under IFRS? O A. Changes in fair value OB. Cash basis O C. Percentage of completion method OD. Completed contract method A. A method of accounting that capitalizes costs of mineral exploration and evaluation only if the production is technically feasible. OB. A method of accounting that capitalizes costs of mineral exploration and evaluation only if the outcome is successful C. A method of accounting that capitalizes costs of mineral exploration and evaluation only if the production is commercially viable. OD. Amethod of accounting that capitalizes costs of mineral exploration and evaluation costs without regard to outcome How does IFRS require that government grants for property, plant and equipment (PPE) be recorded? O A. The government grant should not be recorded directly to equity. O B. The government grant should not be recorded directly to equity via income. O C. The government grant should be recorded directly to equity. OD. The government grant should be recorded indirectly to equity via income