Accounting basis: survival confirmation conditions?

The original text of CPA textbook is as follows: Confirmation conditions of inventory. Only when the inventory meets the definition and meets the following two conditions can it be confirmed. 1. Economic benefits related to this inventory are likely to flow into enterprise assets. The most important feature is that it is expected to bring economic benefits to enterprises. If a project is not expected to bring economic benefits to the enterprise, it cannot be recognized as an asset of the enterprise. Inventory is an important current asset of an enterprise. Therefore, the key to the confirmation of inventory is to judge whether it is likely to bring economic benefits to enterprises or whether the economic benefits it contains are likely to flow into enterprises. Usually, the ownership of inventory is an important sign that the economic benefits related to inventory are likely to flow into the enterprise. Generally speaking, the inventory that has been sold in accordance with the sales contract (the right to obtain cash or receive cash) and whose ownership has been transferred, even if it has not been shipped out of the enterprise, can no longer be accounted for as the inventory of the enterprise because of its economic benefits. When judging whether the economic benefits related to inventory can flow into the enterprise, enterprises should usually consider the ownership of inventory, not just the place where it is stored. 2. The basic condition for asset recognition is that the cost of inventory can be reliably measured or the value can be reliably measured. As an integral part of enterprise assets, inventory must be confirmed and its cost must be measured reliably. The reliable measurement of inventory cost must be based on the obtained conclusive evidence and verifiability. If the cost of inventory cannot be measured reliably, it cannot be recognized as inventory. For example, because the order contract promised by the enterprise has not actually occurred, its cost cannot be reliably determined, so it cannot be confirmed as purchasing the inventory of the enterprise.