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Which of the following statements is true ?

Which of the following statements is true?

Select one:

a. Expenses are recognised in the income statement when a decrease in future economic benefits related to a decrease in an asset or an increase of a liability has arisen that can be measured reliably.

b. Income is recognised in the income statement when an increase in future economic benefits related to an increase in an asset or an increase of a liability has arisen that can be measured reliably.

c. Income is a present obligation of the entity arising from past events, which is expected to result in an inflow to the entity of resources embodying economic benefits

d. Income is recognised in the income statement when a decrease in future economic benefits related to a decrease in an asset or an increase of a liability has arisen that can be measured reliably.

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