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  2. Topic
    Business
  3. Study Set
    International Financial Reporting Standards
  4. Exam
    Exam 24: Provisions, Contingent Liabilities, and Contingent Assets
  5. Question
    Contingent Liabilities Are Not Recognized in the Financial Statements Under
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Contingent Liabilities Are Not Recognized in the Financial Statements Under

Question 11

Question 11

True/False

Contingent liabilities are not recognized in the financial statements under IFRS.

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