When should a contingent liability be recognized? a. When the contingent liability is probable b. When a
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When should a contingent liability be recognized?
a. When the contingent liability is probable
b. When a reasonable estimation can be made
c. Neither A nor B
d. A and B
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Related Book For 
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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