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A loss contingency that is remote and cannot be reasonably estimated A) may be disclosed in a note to the financial statements. B) must be
A loss contingency that is remote and cannot be reasonably estimated A) may be disclosed in a note to the financial statements. B) must be disclosed in a note to the financial statements. C) must be reported in the body of the financial statements. D) is permitted to be reported in the body of the financial statements
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
