Which of the following will be used to determine the amount of credit losses? a. The total

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Which of the following will be used to determine the amount of credit losses?

a. The total amount of receivable at risk

b. Any change in the credit loss of a receivable due to a decline of credit rating or other industry factors

c. Weightage of risk and the probability of different outcomes to arrive at the expected figure for credit loss

d. All of the above

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Related Book For  book-img-for-question

Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

ISBN: 9781032464022

1st Edition

Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik

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