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A Liability Should Only Be Recognised in the Financial Statements

Question 32

Multiple Choice

A liability should only be recognised in the financial statements when:
A liability should only be recognised in the financial statements when: A) (i) and (ii) only B) (i) and (iii) only C) (ii) and (iii) only D) (i) , (ii) and (iii)


A) (i) and (ii) only
B) (i) and (iii) only
C) (ii) and (iii) only
D) (i) , (ii) and (iii)

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