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Why are purchase orders not recognized as liabilities in accordance with IPSAS 19? It is difficult to estimate the exact amount in outstanding purchase orders

Why are purchase orders not recognized as liabilities in accordance with IPSAS 19?

It is difficult to estimate the exact amount in outstanding purchase orders

It is probable that an outflow of resources will be required to settle purchase

They do not meet the liability recognition criteria since the organization is still able to change its mind and withdraw from the purchase

All of the above

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