The AASB (IASB)Conceptual Framework now divides revenues into 'income' and 'gains'.
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Q5: When the gross method is used to
Q6: When it is probable that total contract
Q7: Gains never arise from the ordinary activities
Q8: Gains that result from revaluation of long-term
Q9: Transactions that result in an inflow of
Q11: Where the percentage-of-completion method is based on
Q12: When the outcome of a construction contract
Q13: Gains must be reported net of related
Q14: Under the AASB (IASB)Conceptual Framework an increase
Q15: Transfer of 'control' of the asset is
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