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Coleshill Co is closing down a division. The board has
prepared detailed closure plans which have been
communicated to customers and employees.is this provision required or not?
I put the answer provision required but the book says its wrong.
I think it would be because it is not a present obligation but a future obligation.
Thanks
Am sorry I didn’t get you – It would be a provision or would be wrong??
Sorry again, just need that little clarification.
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