Difference between revisions of "Decision Tree Example 1 Answer (CIA.IFRS17-LRC)"
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* Based on the decision tree, a qualitative assessment of facts & circumstances indicates that this group of contracts is <u>non-onerous</u>. | * Based on the decision tree, a qualitative assessment of facts & circumstances indicates that this group of contracts is <u>non-onerous</u>. | ||
* No further action is required. | * No further action is required. | ||
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+ | [https://www.battleactsmain.ca/video/animations/countdown.mp4 <span style="color: green; background-color: navajowhite; border-radius: 24px; padding: 5px 10px 10px 10px ; font-size: 24px">'''∑'''</span>] |
Revision as of 19:11, 31 May 2022
Example 1: Given the following information about a group of contracts, asses whether the group is onerous and take appropriate action (if any)
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Answer:
- Based on the decision tree, a qualitative assessment of facts & circumstances indicates that this group of contracts is non-onerous.
- No further action is required.