Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is not a characteristic of a provision? Select one: a. A possible obligation whose existence will be confirmed by the occurrence

Which of the following is not a characteristic of a provision?

Select one:

a. A possible obligation whose existence will be confirmed by the occurrence or non-occurrence of future uncertain events.

b. The amount of the obligation can be reliably estimated.

c. It is probable that an outflow of economic resources will be needed to settle the obligation.

d. There is a present obligation arising from a past event.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What are some weaknesses of a packet-filtering router?

Answered: 1 week ago

Question

4. How is culture a contested site?

Answered: 1 week ago