Under IFRS, interest revenue must be recognized using the effective interest method, and dividend revenue must be recognized when the right to receive them has been established, and there are no significant uncertainties.

Question

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This is correct as per the guidelines provided by IFRS. Interest revenue must be recognized using the effective interest method which includes the compounding effect of interest over time, and dividend revenue must be recognized when the right to receive them has been established and there are no significant uncertainties regarding the amount or timing of payment.

Under IFRS, Interest Revenue Must Be Recognized Using the Effective