In order for a decommissioning provision to be recognized, the settlement of the obligation ______ be expected

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In order for a decommissioning provision to be recognized, the settlement of the obligation ______ be expected to require an ______ of resources embodying economic benefits.

A. must; increase

B. must; outflow

C. might; outflow

D. might; increase

Related Book For answer-question

Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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Posted Date: Dec 29, 2023 05:08 AM

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In order for a decommissioning provision to be recognized, the settlement of the obligation ______ be expected

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The detailed answer for the above question is provided below The correct answer is B must outflow ... View the full answer

Intermediate Accounting principles and analysis

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