Under IFRS an entity should initially recognize inventory wh

Under IFRS, an entity should initially recognize inventory when

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the cost of the inventory can be reliably measured

All of these choices are correct

it has control of the inventory

it expects it to provide future economic benefits

An asset can only be recognized in the financial statement only when its cost can be reliably measured, it is in the control of the Company and it is expected to provide future economic benefits. Therefore, the correct option is (b) i.e. all of these choices are correct.

Under IFRS, an entity should initially recognize inventory when the cost of the inventory can be reliably measured All of these choices are correct it has cont

Under IFRS an entity should initially recognize inventory wh

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