Question
Which of the following is not a requirement for making a provision? A present obligation as a result of a past event The amount is
Which of the following is not a requirement for making a provision?
A present obligation as a result of a past event
The amount is known with certainty
It is probable that an outflow of resources will be required to settle the obligation
A legal or constructive obligation exists
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Principles Of Financial Accounting (Chapters 1-17)
Authors: John Wild
25th Edition
1260780147, 9781260780147
