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22/10/2020 Client: accounting123 Deadline: 10 Days

 


Assume that Exxon accounts for contingencies using IAS 37. Prepare 3 paragraphs (4 sentences or less for each paragraph/question) addressing the following:



  • Explain why you agree or don’t agree that Exxon’s contingent liability disclosures were adequate.

  • Explain why you agree or don’t agree that IAS 37 provides sufficient guidance to provide users enough disclosure about environmental liabilities.

  • How does the concept of “sustainability” relate to the concept of “environmental liabilities”?

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6 writers have sent their proposals to do this homework:

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Custom Coursework Service

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Financial Hub

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