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  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 10: An Overview of Accounting for Liabilities
  5. Question
    A Necessary Condition for a Provision to Be Recognised Is
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A Necessary Condition for a Provision to Be Recognised Is

Question 72

Question 72

True/False

A necessary condition for a provision to be recognised is that there is a legal obligation to make a future sacrifice of economic benefits

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