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  3. Study Set
    Intermediate Accounting Study Set 12
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    Exam 1: Non-Financial and Current Liabilities
  5. Question
    Under IFRS, a Provision Is
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Under IFRS, a Provision Is

Question 74

Question 74

Multiple Choice

Under IFRS, a provision is


A) a special fund set aside to pay long-term debt.
B) unearned revenue.
C) a liability of uncertain timing or amount.
D) an allowance for future dividends to be paid.

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