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In 2015 and 2016, BP recognized additional spill-related costs of $18.6 billion, bringing the total cumulative costs recognized across the four categories to over $66

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In 2015 and 2016, BP recognized additional spill-related costs of $18.6 billion, bringing the total cumulative costs recognized across the four categories to over $66 billion. Based on the above infomlation, make an informed guess about how these newly recognized costs were distributed across the four cost categories. How might accounting recognition and disclosure of contingent liabilities be improved to enable readers to formulate better estimates

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