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    Intermediate Accounting IFRS Study Set 3
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    Exam 13: Current Liabilities, Provisions, and Contingencies
  5. Question
    Contingent Assets Are Disclosed When an Inflow of Economic Benefits
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Contingent Assets Are Disclosed When an Inflow of Economic Benefits

Question 82

Question 82

True/False

Contingent assets are disclosed when an inflow of economic benefits is considered more likely than not to occur.

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