To recognize a provision for restructuring, the plan for restructuring has been announced to those affected by the plan.

Name: To recognize a provision for restructuring, the plan for restructuring has been announced to those affected by the plan.
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Question

Quizplus · Accepted Answer

A provision for restructuring can only be recognized when there is a detailed formal plan and it has been communicated to those affected, creating a valid expectation that the restructuring will be carried out.

To Recognize a Provision for Restructuring, the Plan for Restructuring