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According to IAS 37, the appropriate accounting treatment for future operating losses is to: Select...

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Accounting

According to IAS 37, the appropriate accounting treatment for future operating losses is to:

Select one:

a. determine a reasonable estimate of the cost and provide for the future liability

b. not recognise such items in the financial statements

c. determine the cost and charge it directly against retained earnings

d. measure on the basis of estimated future cash flows

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