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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Provisions
Hi sir,
Accoring to ypur notesd of contingent assets and liablities, there is table given at the end of the chapter,
-Does Recognise fully in the financial statements means- Provide for the full amount or make a provision.
Disclose by the way of note, means Disclose the contingent liability?
Yes and yes
