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How much of the above costs can be included in any provision

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Question - Rhine plc has decided to restructure its operations. It is estimated that this will cost? £5 million, which is made up as? follows:

 

£m

Redundancy payments to staff no longer required

2.3

Retraining remaining employees

0.8

Investing in new systems

1.9

 

5.0

According to IAS? 37, ?Provisions, contingent liabilities and contingent assets?, how much of the above costs can be included in any provision for? restructuring?

A. £1.9 million

B. £4.2 million

C. £2.3 million

D. £3.1 million

Reference no: EM133069314

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