题目：

Recognition is the process of capturing for inclusion in the financial statements items which meet the definition of an element in the IFRS Conceptual Framework for Financial Reporting.

Which of the following items should be recognised as an asset in the statement of financial position of a company?

A.A skilled and efficient workforce which has been very expensive to train. Some of these staff are still in the employment of the company

B.A highly lucrative contract signed during the year which is due to commence shortly after the year end

C.A government grant relating to the purchase of an item of plant several years ago which has a remaining life of four years

D.A receivable from a customer which has been sold (factored) to a finance company. The finance company has full recourse to the company for any losses

答案：D

考点：综合题目的应用

答案解析：

选项A：An asset is a present economic resource controlled by the entity as a result or past events,an economic resource is a right that has the potential to produce economic benefits

Workforce-不能被企业control

选项B：accrual basis-Transactions and other events are recognized when they occur and they are reported in the financial statements for the periods to which they relate. （下一年发生的不属于本期）

选项C：government grant relating to PPE

a) Treated as deferred income and released to I/S over the life of asset

b) Deducted from the cost of the asset and depreciate the reduced cost

选项D：receivable-factor

l with recourse(有追索权）:it must remain as an asset in the statement of financial position; it is not derecognised. -Secured loan之后每个月收利息

Dr:bank  Cr:secured loan

之后：Dr:financial cost Cr:secured loan

l Without recourse(无追索权）-sale

Dr:cash

Dr:financial cost   （因为融资额外产生的差额）

Cr:receivable

知识点复习建议：跨章节知识点混合应用；熟悉所学所有章节的知识点；本题较难；考生需注意知识的综合应用。