Which of the following statements regarding the fundamental concepts: Recognition, and Measurability is correct?

Question 6 options:

	Recognition is that that an individual with all the same facts would produce similar results and Measurability is what amount should be recorded
	Recognition is what amount should be recorded and Measurability is what should be recorded
	Recognition is what should be recorded and Measurability is what currency to record in
	Recognition is what should be recorded and Measurability is what amount should be recorded