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Saved Under IFRS, contingent liabilities must be accrued as liabilities if the company can determine a reasonable estimate of the debt. the amount is over
Saved Under IFRS, contingent liabilities must be accrued as liabilities if the company can determine a reasonable estimate of the debt. the amount is over $10.000. it is more likely than not that the company will suffer a loss. both a. and c. above Secured notes have specific assets of the issuer pledged as collateral. can be converted into common shares at the debt holders option. are issued against the general credit of the borrower. mature in instalments
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