Answer:
FALSE
Explanation:
Recognition relies on the idea of communicating in a descriptive document the specifics of a sale, while including anything else in the current financial statements.
- An act of acknowledgment or a Condition of acknowledgment. Identifying something as previously observed, seen, understood, etc., perceiving something as actual or true; knowing it.
- Acceptance of something as being legitimate or entitled to evaluation: the acceptance of an argument.
therefore the answer for the following statement is FALSE.
