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. A and B
d. neither A nor B
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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