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  3. which of the following statements about the defini

Which of the following statements about the definition of the word probable are true? ...

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Accounting

Which of the following statements about the definition of the word probable are true?
Note: Select all that apply.
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IFRS defines probable as a likelihood that is greater than 25%.
IFRS defines probable as a likelihood that is greater than 25%.
The IFRS definition of the word probable is higher than the definition in U.S. GAAP.
The IFRS definition of the word probable is higher than the definition in U.S. GAAP.
The U.S. GAAP definition of the word probable implies a relatively high likelihood of occurrence.
The U.S. GAAP definition of the word probable implies a relatively high likelihood of occurrence.

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