Under IPSAS 17, how should property, plant, and equipment be initially measured

Under IPSAS 17, how should property, plant, and equipment be initially measured

Under IPSAS 17, how should property, plant, and equipment be initially measured?

    A) Cost

    B) Fair value

    C) Net realizable value

    D) Replacement cost

    Answer: A

    Explanation: IPSAS 17 requires property, plant, and equipment to be initially measured at cost.