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What's the meanig of following sentence? & How to read it?(How to punctuate it?) Please help me.>< (1). In addition, the transaction can only be recognized if it is ' probable that any future economic benefit associated with the item will flow to, or from the entity and the item has a cost or value that can be measured with reliability'. (2). In a devastating assessment, Mr Bush alleges the regulations, and specifically the way they have been implemented in the UK and Ireland, have led to "mistakes [being made] of such severity that it is difficult to overstate".

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(1) Also, the exchange is valid only if the item gives or brings in benefits, and the value of the item can be measured reliably (2)Mr. Bush says the way the rules are used to determine eligibility, have caused huge mistakes in the U.K. and Ireland. He thinks the damage is so serious it is difficult to exaggerate the destruction. I hope this is helpful ^_^ I hope this helps ^_^

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