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    Business
  3. Study Set
    Intermediate Accounting IFRS Study Set 3
  4. Exam
    Exam 13: Current Liabilities, Provisions, and Contingencies
  5. Question
    IFRS Uses the Term "Contingent" for Assets and Liabilities Not
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IFRS Uses the Term "Contingent" for Assets and Liabilities Not

Question 17

Question 17

True/False

IFRS uses the term "contingent" for assets and liabilities not recognized in the financial statements.

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