Take the following as truth: The initial subsidy cost is recognized as an expense; a positive subsidy reestimate is recognized as an expense; and a downward subsidy reestimate is recognized as a direct reduction in expense, not as a revenue, gain, or other financing source.
Then the following statement: "The initial subsidy cost is recognized as an expense since 2010." is true, false, or inconclusive?
Answer: Inconclusive