When the outcome of a transaction for services cannot be reliably measured,IFRS rules call for entities to recognize revenue only up to the amount of recoverable costs incurred to that point.

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This statement is true. According to IFRS rules, when the outcome of a transaction for services cannot be reliably measured, an entity is required to recognize revenue only up to the amount of recoverable costs incurred to that point. This approach is known as the cost recovery method.

When the Outcome of a Transaction for Services Cannot Be