Multiple Choice
On the reporting of liabilities where a range of values exists as a possible outcome, IFRS requires which of the following points to be recorded as a provision, if the outcome is probable?
A) Low end of the range.
B) High end of the range.
C) Midpoint of the range.
D) IFRS presents no specific guidance as to this point.
Correct Answer:
Verified
Correct Answer:
Verified
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