Subsequent to acquisition date contingent liabilities are measured at:
A) the amount that would be recorded in accordance with IAS 37
B) the amount initially recorded less cumulative amortisation recognised in accordance with IAS 18
C) the lower of A and B
D) the higher of A and B

Question

Quizplus · Accepted Answer

The Answer of Subsequent to acquisition date contingent liabilities are measured at:
A) the amount that would be recorded in accordance with IAS 37
B) the amount initially recorded less cumulative amortisation recognised in accordance with IAS 18
C) the lower of A and B
D) the higher of A and B

Subsequent to Acquisition Date Contingent Liabilities Are Measured At