What criterion must be met before a contingent liability can be recorded as a provision? How does

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What criterion must be met before a contingent liability can be recorded as a provision? How does this criterion differ depending on whether the company is a public company using IFRS or a private company using ASPE?

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:22 AM

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What criterion must be met before a contingent liability can be recorded as a provision? How does

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Financial Accounting Tools for Business Decision Making

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