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    Intermediate Accounting IFRS Study Set 2
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    Exam 13: Current Liabilities, Provisions, and Contingencies
  5. Question
    Constructive Obligations, in Which the Company Has Created a Valid
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Constructive Obligations, in Which the Company Has Created a Valid

Question 41

Question 41

True/False

Constructive obligations, in which the company has created a valid expectation on the part of other parties that it will discharge certain responsibilities, are disclosed in the notes to the financial statements.

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