menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Issues in Financial Accounting Study Set 1
  4. Exam
    Exam 3: The Conceptual Framework: Definition, recognition and Measurement of the Elements in General Purpose Financial Statements
  5. Question
    In the Framework,'probable' Means
Solved

In the Framework,'probable' Means

Question 29

Question 29

Multiple Choice

In the Framework,'probable' means:


A) greater than 50% certainty
B) 50% certainty
C) greater than 75% certainty
D) greater than 95% certainty

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q24: AASB 137 'Provisions,Contingent Liabilities and Contingent Assets'

Q25: Depreciation and wages that have been accrued

Q26: Under the Framework,a transport company does not

Q27: An entity has decided to commit itself

Q28: Which of these is the strongest argument

Q30: According to Framework 2014,when should income be

Q31: Under the Framework,which of these statements is

Q32: The Framework defines assets as:<br>A) resources controlled

Q33: Which of these is not an essential

Q34: Compare the FASB definition of revenue and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines