Discuss a provision and a contingent liability are the same

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1. ‘Classification of liabilities is based on the same principles as the classification of assets.' Do you agree with this? Why or why not?

2. ‘Classification of liabilities as current or non-current is not that important. The money is paid out eventually anyway, so what's the big deal? Discuss.

3. ‘A provision and a contingent liability are the same.' Discuss.

4. "Employees often fail to appreciate the true cost of their employment". Discuss.

Words : 2000

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"The assignment involved a detailed discussion about the classification of liabilities in the way as that of assets and whether classifying liabilities further into current and non-current liability is necessary or not. The analysis involved answering our different questions and the paper is prepared in Microsoft word with Harvard referencing".

Reference no: EM132130404

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inf2130404

11/18/2018 11:18:28 PM

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10/3/2018 11:22:09 PM

Instructions: 1. Students are required to cover all stated requirements. 2. Your answer must be uploaded to Moodle in word file with your full name and student ID number. 3. You need to support your answers with appropriate Harvard style references where necessary. 4. Only include information in your appendixes that has been directly referred to in the body of your document. 5. Include a title/cover page containing the subject title and code and the name, student id number and name.

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