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In AASB 110 Events After the Reporting Period,a Contingent Liability

question 74

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In AASB 110 Events After the Reporting Period,a contingent liability is an example of an adjusting event.


Definitions:

Odors

The properties of substances that stimulate the sense of smell.

Retinal Disparity

A measure of the difference in the visual images that each eye perceives because of the eyes' different locations, aiding in depth perception.

Binocular Cue

A visual information taken in by two eyes that enable for a depth perception, or the ability to perceive the world in three dimensions.

Depth

In a cognitive or perceptual context, depth refers to the complexity or profundity of understanding, perception, or feeling.

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