Which criteria under IAS 38 would be met if the "project plan outlines the feasibility and timeline of the project"?
A)Measurement reliability.
B)Ability to use or sell.
C)Technical feasibility.
D)Management intention.

Question

Quizplus · Accepted Answer

The project plan outlining the feasibility and timeline of the project meets the criterion of "technical feasibility" under IAS 38. This is because technical feasibility refers to the ability of a project to be completed and the technology required for it to be successful is available or can be developed with reasonable effort. The project plan outlining feasibility ensures that the project is technically feasible and can be completed in a reasonable timeline. The other criteria - measurement reliability, ability to use or sell, and management intention - do not specifically relate to the project plan outlining feasibility and timeline.

Which Criteria Under IAS 38 Would Be Met If the "Project