Which of the following is not within the scope of IAS 37?
A) The treatment of future operating losses
B) The treatment of contingent assets
C) The treatment of restructuring provisions arising from a business combination
D) The treatment of onerous contracts
Correct Answer:
Verified
Q20: Liabilities which fail the recognition criteria and
Q21: Entities are not required to disclose which
Q22: A contingent liability is defined as
Q23: Contingent liabilities are:
A) recognised in the financial
Q24: Which of the following statements is correct?
A)
Q25: The June 2005 exposure draft issued
Q26: The costs under an onerous contract are
Q27: An example of where an entity has
Q28: Which of the following statements is correct?
A)
Q30: An entity sells goods under warranty and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents