Orange Company can estimate the amount of loss that will occur if a foreign government expropriates some of the company's assets in that country. If expropriation is reasonably possible, a loss contingency should be:

A$.$Accrued as liability but not disclosed.

B$.$Disclosed but not accrued as a liability.

C$.$Disclosed and accrued as a liability.

D$.$Neither accrued as a liability nor disclosed.