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Environmental remediation costs have become increasingly prevalent in the past few decades. Conduct research in the Accounting Standards Codification to address the following requirements. Also,

Environmental remediation costs have become increasingly prevalent in the past few decades. Conduct research in the Accounting Standards Codification to address the following requirements. Also, please be sure to provide a citation to the appropriate codification section (using the full paragraph number, i.e. ASC XXX-XX-XX).

What factors should firms consider in the estimation of environmental remediation liabilities?

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