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

Question

Quizplus · Accepted Answer

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

Uncertainties Such as Doubtful Accounts