Question: please answer all the questions immediately 11. Where there is a continuous range of possible outcomes, and each point in that range is as likely



please answer all the questions immediately
11. Where there is a continuous range of possible outcomes, and each point in that range is as likely as any other the range to be used is the (1 Point) Minimum Maximum Summation of the minimum and maximum O Midpoint 12. A deliberate or an excessive recognition of a provision is an exercise of prudence in provision measurement. (1 Point) TRUE FALSE 13. Risk and uncertainties must be take into account in measuring a provision. * (1 Point) TRUE FALSE 14. Under an operating lease, lease payments shall be recognized as rent revenue by the lessor on (1 Point) Usually, on a straight-line basis unless another method is more appropriate Sum of the year method Diminishing way Cash basis 15. The lessee may apply the operating lease model whenever circumstances the entity desires. (1 Point) TRUE FALSE
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