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Please explain. sets of conditions would give rise to the accrual of a contingency Which of the following under current generally accepted accounting principles? infrequently.

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sets of conditions would give rise to the accrual of a contingency Which of the following under current generally accepted accounting principles? infrequently. a. Amount of loss is reasonably estimable and event occurs b. Amount of loss is reasonably estimable and occurrence of event is probable. c. Event is unusual in nature and occurrence of event is probable. d. Event is unusual in nature and event occurs infrequently

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