Question: Current Attempt in Progress For a liability to exist under IFRS, which one of the following criteria must be satisfied? The entity has an obligation

Current Attempt in Progress
For a liability to exist under IFRS, which one of the following criteria must be satisfied?
The entity has an obligation (that is, a duty or responsibility to others that it has no practical ability to avoid).
The obligation is a future obligation that exists as a result of past events.
The obligation is a present obligation that exists as a result of future events.
The obligation is a past obligation that exists as a result of future events.
Current Attempt in Progress For a liability to exist under IFRS,

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