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    Intermediate Accounting Study Set 2
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    Exam 13: Current Liabilities and Contingencies
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    Under IFRS, the Term "Probable" Indicates a Threshold of Probability
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Under IFRS, the Term "Probable" Indicates a Threshold of Probability

Question 124

Question 124

True/False

Under IFRS, the term "probable" indicates a threshold of probability that is substantially more than a 50 percent chance of occurrence.

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