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Would securities meet the criteria for recognition

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Reference no: EM132623808

Problem 1: For compound financial instruments, if the conversion of the securities to shares is the probable outcome, the securities would meet the criteria for recognition as liabilities in the AASB Conceptual Framework, and under AASB 132 the securities would not have an equity component.

  • True
  • False

Reference no: EM132623808

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