Which of the Following Is Not True of a Provision

question 5

Multiple Choice

Which of the following is not true of a provision:

• A)provisions are measured at the discounted value of the amount required to settle the obligation.
• B)provisions are a type of liability
• C)accumulated depreciation and accumulated impairment are types of provisions
• D)to be recognised, a provision must satisfy the recognition criteria for a liability.

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Definitions:

Last Trimester

Refers to the final third of a pregnancy, typically encompassing weeks 27 through 40, when significant fetal growth and organ maturation occur.

Developing Fetus

Refers to the developing human from roughly the ninth week of pregnancy until birth, undergoing significant growth and development.

Ill Effects

Negative consequences or harmful results, typically from an action or condition.

Infant Mortality Rates

A statistical measure representing the number of deaths of infants under one year of age per 1,000 live births in a given region.