When Selecting Within a Range of Outcome Estimates for Probable

Multiple Choice

When selecting within a range of outcome estimates for probable contingencies, the requirements of IFRS and GAAP, respectively, are to accrue what amount in the range? $\begin{array}{lll}&\text { IFRS }&\text { GAAP }\\\text { I. } & \text { minimum } & \text { minimum } \\\text { II. } & \text { midpoint } & \text { minimum } \\\text { III. } & \text { minimum } & \text { midpoint } \\\text { IV. } & \text { midpoint } & \text { midpoint }\end{array}$

A) I
B) II
C) III
D) IV