financial liabilityForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › financial liabilityThis topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts May 5, 2020 at 1:00 pm #570025 toushigaParticipantTopics: 424Replies: 172☆☆☆☆Sir,for this technical article “https://www.accaglobal.com/ca/en/student/exam-support-resources/professional-exams-study-resources/strategic-business-reporting/technical-articles/debt-equity.html”“Economic necessity does not result in a financial liability being classified as a liability.”1. What means of this sentence?Thank you. May 5, 2020 at 3:04 pm #570038 Stephen WidbergKeymasterTopics: 15Replies: 3212☆☆☆☆☆I think he means that it the business’s intentions to redeem or not redeem are irrelevant. What matters is whether the terms of the instrument could force them to redeem.Best I can do on that one!AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In