Which of the following is not a criterion that must be met before an entity recognizes a provision related to a restructuring program? Multiple Choice The entity has a detailed formal plan for the restructuring. The entity has begun implementation of the restructuring. The restructuring plan indicates that the restructuring will be carried out in a reasonable period of time. The cost of the restructuring is reasonably estimable.

B). The entity has begun implementation of the restructuring.

Explanation:

Restructuring refers to the widely known corporate management program that includes the reconstruction or reorganizing the structures of a company that could be associated with legal, operational or any other structure related to it to make it more lucrative, profitable, organized and productive. This may be introduced to alter ownership rights or as a consequence of the incurrence of losses or buyout. The company has to meet certain criterions to ensure the provision of this program like the cost, plan, etc. Thus, among the given options the criterion that would not be a criterion to this program, is as described in option B as it exemplifies a later stage.