Under IFRS, the term "probable" indicates a threshold of probability that is substantially more than a 50 percent chance of occurrence.

Name: Under IFRS, the term "probable" indicates a threshold of probability that is substantially more than a 50 percent chance of occurrence.
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Under IFRS, the term "probable" is generally interpreted as meaning more likely than not, or a threshold of more than 50 percent chance of occurrence, not substantially more.

Under IFRS, the Term "Probable" Indicates a Threshold of Probability