alleryStart learning →Reversal of provisions for restructuring costs is an item for
ASeparate disclosure
BExtraordinary treatment
CPrior period treatment
DPolicy change entry
Answer & Solution
Correct answer: A. Separate disclosure
Restructuring and the reversal of related provisions are listed among items of ordinary activities that may need separate disclosure.
Keep practising AS 5 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
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