What is the accounting definition of a contingency? What are the three characteristics of a contingency? Why

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What is the accounting definition of a contingency? What are the three characteristics of a contingency? Why is this concept important?

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Intermediate Accounting Volume 2

ISBN: 9781618533135

2nd Edition

Authors: Hanlon, Hodder, Nelson, Roulstone, Dragoo

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Question Posted: May 24, 2024 06:03 AM

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What is the accounting definition of a contingency? What are the three characteristics of a contingency? Why

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Intermediate Accounting Volume 2

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