IAS $20$ permits the reporting of government grant either on the deferral method or on the offset method. As accountant of a limited company which of the following reasons will prompt you to opt for the deferral method rather than the offset method? a$)$ Under the offset method the asset will not be reported at its real cost b$)$ Under the offset method the company's profit will be under$-$stated. c$)$ On the offset method the depreciation expense is netted against income from grant d$)$ Deferral method would identify the liability that needs to be refunded if the terms of the grant are not complied with.a$.$ c & dO b$.$ b$,$ c & d $.$ ; d$.$ All four