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Content AreaContingent liabilities that are reasonably estimable and have a remote chance of occurring are _____. a. reported as a long-term liability on the balance

Content AreaContingent liabilities that are reasonably estimable and have a remote chance of occurring are _____. a. reported as a long-term liability on the balance sheet b. neither reported nor disclosed in the financial statements c. disclosed in the notes to the financial statements d. reported as a current liability on the balance sheet

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