Which of the Following Does Not Result in the Recognition

question 25

Multiple Choice

Which of the following does not result in the recognition of a provision in the balance sheet?

• A)the expected future warranty claims in respect of goods sold during the reporting period
• B)a final dividend declared by directors after the reporting date
• C)the amount of employee annual leave accrued but not taken at reporting date
• D)the company has been held liable for damages for breach of copyright but the court is yet to determine the amount of damages payable to the copyright owner.