Define (a) a contingency and (b) a contingent liability.
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A contingency is not defined in IAS 37 In plain English a contingency is an unforseen event that m...View the full answer
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Related Book For
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
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