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Under IFRS, if a company can determine a reasonable estimate of an expected loss from a lawsuit and it is probable it will lose the

Under IFRS, if a company can determine a reasonable estimate of an expected loss from a lawsuit and it is probable it will lose the suit, it should

a) neither disclose in the notes nor accure the loss

b) accure the loss

c) pay the amount estimated

d) disclose the basic facts regarding the suit in notes to its financial statements

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