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Stephen Widberg.
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Noah098
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sir would it be wrong to state that a provision will be created for reconditioning costs, as there is a constructive obligation(from PAST PRACTICE) to carry out reconditioning every two years?
Stephen Widberg
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You cannot make provisions for ‘fixing’ or ‘improving’ NCA. Please revisit our FR lectures on provisions.
If you don’t HAVE TO DO IT, then no provision.
Noah098
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