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Orange Co. can estimate the amount of loss that will occur if a foreign government expropriates some of the company's asset in that country. If
Orange Co. can estimate the amount of loss that will occur if a foreign government expropriates some of the company's asset in that country. If expropriation is reasonably possible, a loss contingency should be: A. Disclosed but not accrued as a liability. B. Disclosed and accrued as a liability C. Accrued as liability but not disclosed. D. Neither accrued as a liability nor disclosed
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