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    Applying IFRS Standards
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    Exam 23: Revenue From Contracts With Customers
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    According to IAS 12, Current Tax for Current and Prior
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According to IAS 12, Current Tax for Current and Prior

Question 16

Question 16

Multiple Choice

According to IAS 12, current tax for current and prior periods shall, to the extent unpaid, be recognised as a:


A) Note to the financial statements;
B) Contingent liability;
C) Liability;
D) Expense.

Correct Answer:

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