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    Financial Accounting Study Set 1
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    Exam 10: Liabilities
  5. Question
    The Threshold for Recording Contingent Liabilities Under IFRS Is Higher
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The Threshold for Recording Contingent Liabilities Under IFRS Is Higher

Question 59

Question 59

True/False

The threshold for recording contingent liabilities under IFRS is higher than that under GAAP.

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