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Contingent Losses should be accrued: Select one: O a. When reasonably possible and the possible amount is known for certain. b. When the possibility is

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Contingent Losses should be accrued: Select one: O a. When reasonably possible and the possible amount is known for certain. b. When the possibility is remote but the possible amount is known for certain. O c. When probable and reasonably estimable. O d. Only when the legal liability is known for certain

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