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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › lifetime expected credit losses in the context of Trade receivables
sir what do lifetime expected credit losses in the context of trade receivables mean?
Provision for doubtful doubts? or Bad debts?
Provision for doubtful debts
BUT in the exam
It is ALLOWANCE nor provision
You can only use the word provision for liabilities