A former employee is suing the entity for wrongful dismissal in the amount of $500,000 Legal counsel believes that the following probability distribution applies in this situation Payout Probability $0 35 $100,000 30 $250,000 30 $500,000 5 Assess whether or a provision needs to be recorded If you believe that a provision needs to be recorded, calculate the amount of the provision Question 1 A former employee is suing the entity for wrongful dismissal in the amount of $500,000 Legal counsel believes that the following probability distribution applies in this situation Payout SO $100,000 $250,000 $500,000 Probability 35 30 30 5 Assess whether or a provision needs to be recorded If you believe that a provision needs to be records, calculate the amount of the provision

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Question: A former employee is suing the entity for wrongful dismissal in the amount of $500,000. Legal counsel believes that the following probability distribution applies in

A former employee is suing the entity for wrongful dismissal in the amount of $500,000.

Legal counsel believes that the following probability distribution applies in this situation:

Payout Probability

$0 35%

$100,000 30%

$250,000 30%

$500,000 5%

Assess whether or a provision needs to be recorded. If you believe that a provision needs

to be recorded, calculate the amount of the provision. A former employee is suing the entity for wrongful dismissal in the

Question 1 A former employee is suing the entity for wrongful dismissal in the amount of $500,000. Legal counsel believes that the following probability distribution applies in this situation: Payout SO $100,000 $250,000 $500,000 Probability 35% 30% 30% 5% Assess whether or a provision needs to be recorded. If you believe that a provision needs to be records, calculate the amount of the provision

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