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Blackboard XCOD Remaining Time: 1 hour, 33 minutes, 25 seconds. Question Completion Status: under GAAP, and under IFRS QUESTION 31 1 Contingent liabilities are Recorded

Blackboard XCOD Remaining Time: 1 hour, 33 minutes, 25 seconds. Question Completion Status: under GAAP, and under IFRS QUESTION 31 1 Contingent liabilities are Recorded if probable II Recorded if possible II Recorded if reasonably estimated GAAP I and II; IFRS I or II GAAP I or III; IFRS I and II GAAP I and III; IFRS I GAAP I IFRS I and III 4 QUESTION 32 The footnotes to the financial statements will include a description of the intangible asset and its estimated useful life. True False QUESTION 33 Using a 365-day year, the maturity value of a 180-day note for $3,000 at 9% annual interest is (Do not round any intermediary calculations. Round your final an to the nearest cent.) $2,866.85 $270,00 $133.15 $3.133.15 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Closeimage text in transcribed

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