An obligation for long service leave payable 6 years from now is recognised as: (a) a contingent

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An obligation for long service leave payable 6 years from now is recognised as:

(a) a contingent liability.

(b) a non-current provision.

(c) a current provision.

(d) none of the above; it is not recognised.

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Financial Accounting Reporting, Analysis And Decision Making

ISBN: 9780730363279

6th Edition

Authors: Shirley Carlon

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Question Posted: May 10, 2024 01:00 AM

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An obligation for long service leave payable 6 years from now is recognised as: (a) a contingent

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Financial Accounting Reporting, Analysis And Decision Making

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