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provision

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › provision

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 12, 2021 at 3:21 pm #631345
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir when we are creating a provision for single obligation, can it be based on expected value?

    Or is it compulsorily that:

    Most likely amount- for single obligation
    Expected value- for large population of items

    August 13, 2021 at 1:43 pm #631450
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3442
    • ☆☆☆☆☆

    No – use single most likely outcome for single obligation.

    August 14, 2021 at 3:13 am #631503
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    okay so you are saying that it is compulsory to use the following:

    Most likely amount- for single obligation
    Expected value- for large population of items

    August 14, 2021 at 7:42 am #631519
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3442
    • ☆☆☆☆☆

    Correct

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘provision’ is closed to new replies.

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