Accounting · Provisions and Contingencies
Sleepwell is restructuring its operations and closing one of its divisions. Which of the following costs cannot be included in the restructuring provision according to IAS 37?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Training costs for staff being redeployed elsewhere✓
- 2Legal costs directly associated with the restructuring
- 3Redundancy payments to employees whose contracts are terminated
- 4Losses on disposal of non-current assets of the division
Correct answer
Training costs for staff being redeployed elsewhere
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