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Disclosure Is Required Under IFRS When the Likelihood of the Outcome

Question 41

Multiple Choice

Disclosure is required under IFRS when the likelihood of the outcome (measurement) is:

A) virtually certain: > 95%.
B) possible: 5% - 50%.
C) remote: < 5%.
D) probable: 50% - 95%.
E) likely: 70% - 95%.

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