Decommissioning Provision Flashcards by Amanda Cameron | Brainscape

Q

Decommissioning provision

(ARO) ASPE

Recognition

A

Present obligation as a result of a past event

Probable that an outflow of resources will be required to settle the obligation

Reliable estimate can be made for the amount of the obligation

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Standards…

A

IAS 37

ASPE 3110

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly