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    Australian Financial Accounting Study Set 1
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    Exam 12: Set-Off and Extinguishment of Debt
  5. Question
    "Legal Defeasance
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"Legal Defeasance

Question 41

Question 41

Multiple Choice

"Legal defeasance":


A) Is not permitted under AASB 132.
B) Is a term explicitly used in AASB 132.
C) Is still acceptable under AASB 132.
D) Is not defined in the former AASB 1014.
E) All of the given answers.

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