Provisions, contingencies and commitments are usually reported in the noncurrent liability section of the financial statements.

Name: Provisions, contingencies and commitments are usually reported in the noncurrent liability section of the financial statements.
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Provisions and contingencies can be reported as either current or noncurrent liabilities depending on their expected settlement date, while commitments are not liabilities and are disclosed in the notes to the financial statements.

Provisions, Contingencies and Commitments Are Usually Reported in the Noncurrent