IAS 32 classify as _________________: an instrument that is virtually certain to result in regular cash payments by the entity.
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Solution 1
IAS 32 classifies this as a financial liability. An instrument that is virtually certain to result in regular cash payments by the entity is considered a liability because the entity has a contractual obligation to deliver cash or another financial asset to another entity. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT
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IAS 32 classify as _________________: an instrument that is virtually certain to result in regular cash payments by the entity.
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