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Contingent liabilities that are reasonably estimable and have a remote chance of occurring are a. neither reported nor disclosed in the financial statements b. reported
Contingent liabilities that are reasonably estimable and have a remote chance of occurring are a. neither reported nor disclosed in the financial statements b. reported as a long-term liability on the balance sheet c. reported as a current liability on the balance sheet d. disclosed in the notes to the financial statements Step by Step Solution
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
15th edition
978-0133125634, 9780133423815, 133125637, 133423816, 978-0133125689
