What is a provision? Give an example of a provision that is usually recorded in the accounts.

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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 07, 2017 11:40 AM

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What is a provision? Give an example of a provision that is usually recorded in the accounts.

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A provision is a liability of uncertain timing or amount P...View the full answer

Financial Accounting

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