On the reporting of liabilities where a range of values exists as a possible outcome, IFRS requires which of the following points to be recorded as a provision, if the outcome is probable?
a. Low end of the range.
b. High end of the range.
c. Midpoint of the range.
d. IFRS presents no specific guidance as to this point.
c
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Concerning current accounting for oil and gas properties, which statement is true?
A) The successful-efforts method must be used. B) The reserve-recognition method must be used. C) Either the successful-efforts method or the full-cost method may be used. D) The full-cost method must be used.
A leader who emphasizes communication with followers in both achieving goals as well as meeting social needs would best be described as possessing ______.
A. directing style B. delegating style C. supporting style D. coaching style
Two techniques for effectively presenting a negative idea are
a. use passive voice and place the bad news in a dependent clause rather than the main clause. b. use active voice and place the bad news in a separate sentence. c. use non-specific words and place the bad news at the beginning of the message. d. use concrete words and place the bad news at the end of the message.
Discuss the advantages and disadvantages of quick response
What will be an ideal response?