Take the following as truth: However, if the asset that is transferred was classified as general PP and E for the transferring entity but stewardship PP and E for the recipient entity, it is recognized as a transfer-out (a negative other financing source) of capitalized assets by the transferring entity.
Then the following statement: "Depending on the transferred asset classification, it can be recognized as a transfer-out. " is true, false, or inconclusive?
Answer: True