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Question 24 1 out of 1 points Which of the following statements is true? A cost is: Question 25 1 out of 1 points The Framework states that an asset should be recognised when and only when: i. The asset possesses a cost or other value that can be measured reliably ii. It is legally owned by the entity iii. It is probable that the future economic benefits embodied in the asset will eventuate
Question 26 0 out of 1 points Which of the following statements about the debt to equity ratio is NOT true?