Meaning of remote in as29

Accountancy

Embodying economic benefits is remote Video Details ------------- P1 - Accounting Standards - CA Inter AS 29 #6. Contingent Liabilities -II

MONIKAA RAMESHKUMAR

CA Inter

★ 710

05-Mar-24 20:41

594

Answers (4)

Best Answer

Chances of Outflow of resources is remote. I.e highly unlikely

CA Suraj Lakhotia

Admin

05-Mar-24 20:42

CA Suraj Lakhotia Admin

Chances of Outflow of resources is remote. I.e highly unlikely

Diff between probable and not probable sir

Thread Starter

MONIKAA RAMESHKUMAR

CA Inter

★ 710

05-Mar-24 20:45

Probable > 50% chance

CA Suraj Lakhotia

Admin

05-Mar-24 20:46

Ok sir thank you

Thread Starter

MONIKAA RAMESHKUMAR

CA Inter

★ 710

05-Mar-24 20:46