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Multiple-Choice Exercise 8-11 When should a contingent liability be recognized? a. When a reasonable estimation can be made b. When the contingent liability is probable
Multiple-Choice Exercise 8-11 When should a contingent liability be recognized? a. When a reasonable estimation can be made b. When the contingent liability is probable C. Neither "when a reasonable estimation can be made" nor "when the contingent liability is probable" d. "When a reasonable estimation can be made" and "when the contingent liability is probable
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