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Importance of the parts to the definition of a liability

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Reference no: EM13301569

1. Define and explain the importance of the parts to the definition of a liability.

2. Discuss the significance and importance of paragraph 57 of NZIAS38 in relation to the recognition of development costs as an intangible asset.

Reference no: EM13301569

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Importance of the parts to the definition of a liability : Discuss the significance and importance of paragraph 57 of NZIAS38 in relation to the recognition of development costs as an intangible asset.
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