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For the following independent situation, select the appropriate term. A competitor has sued a company for $2 million. The lawyers have advised that there is

For the following independent situation, select the appropriate term. A competitor has sued a company for $2 million. The lawyers have advised that there is a 55% chance that the company will lose the lawsuit. Neither recorded or discosed Recorded Disclosed under IFRS and recorded under ASPE Disclosed Recorded under IFRS and disclosed under ASPE

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