menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting IFRS Study Set 3
  4. Exam
    Exam 13: Current Liabilities, Provisions, and Contingencies
  5. Question
    Which of the Following Terms Is Associated with Recognizing a Provision
Solved

Which of the Following Terms Is Associated with Recognizing a Provision

Question 38

Question 38

Multiple Choice

Which of the following terms is associated with recognizing a provision?


A) Possible but not probable.
B) Likely.
C) Remote.
D) Probable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Prepaid insurance should be included in the

Q17: Which of the following situations may give

Q33: A contingent liability<br>A)always exists as a liability

Q36: Which of the following is a current

Q37: Dividends in arrears on cumulative preference shares

Q39: Which of the following should not be

Q40: Where is debt callable by the creditor

Q98: A provision differs from other liabilities in

Q120: Under what conditions is an employer required

Q157: Companies should recognize the expense and related

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines