Liabilities are all 'obligations' under the IASB/AASB Framework definition of liabilities. What is an obligation, and why
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Liabilities are all 'obligations' under the IASB/AASB Framework definition of liabilities. What is an obligation, and why does the Framework rely heavily on it in the definition?
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Related Book For 
Accounting Theory
ISBN: 9780470818152
7th Edition
Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes
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