Uncertainties such as doubtful accounts:
A) Should not be disclosed.
B) Are provisions because they are future events arising from past transactions.
C) Are not provisions since they relate to normal business activities.
D) Are not provisions because they are future events not arising out of past transactions.
E) Are provisions because the amounts are uncertain.

Question

Quizplus · Accepted Answer

The Answer of Uncertainties such as doubtful accounts:
A) Should not be disclosed.
B) Are provisions because they are future events arising from past transactions.
C) Are not provisions since they relate to normal business activities.
D) Are not provisions because they are future events not arising out of past transactions.
E) Are provisions because the amounts are uncertain.

Uncertainties Such as Doubtful Accounts