How is a provision different from other liabilities, such as accounts payable?

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Financial Accounting Reporting, Analysis And Decision Making

ISBN: 9780730363279

6th Edition

Authors: Shirley Carlon

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Question Posted: May 10, 2024 01:00 AM

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How is a provision different from other liabilities, such as accounts payable?

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A provision is a liability that is not necessarily an immediate payment obligation but rather a futu...View the full answer

Financial Accounting Reporting, Analysis And Decision Making

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