Under IFRS, which of the following statements about intangible assets is correct?
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4 .A company provides the following information: Year 1 Year 2 Year 3 Cash receipts from customers: From Year 1 sales USD95,000 USD120,000 From Year 2 sales 200,000 USD75,000 From Year 3 sales 50,000 225,000 What is the accrual-based revenue for Year 2?
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