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NEW QUESTION: 1
IAS 19 is intended to prescribe when the cost of employee benefits should berecognizedas a liability or an expense and the amount of the liability or expense that should berecognized.
Which of the following statements regarding IAS 19 is correct?
i)A liability should berecognizedwhen an employee has provided a service in exchange for benefits to be received by the employee at some time in the future.
ii)An expense should berecognizedwhen the entity enjoys the economic benefits from a service provided by an employee regardless of when the employee received or will receive the benefits from providing the service.
A. (i) is correct but (ii) is incorrect
B. (i) and (ii) both are correct
C. (i) and (ii) both are incorrect
D. (i) is incorrect but (ii) is correct
Answer: B

NEW QUESTION: 2
You need to recommend a solution for data of the historical transaction query system.
What should you include in the recommendation? To answer, Select the appropriate or options in the answer area.
NOTE: Each correct selection is worth one point

Answer:
Explanation: