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Question 10 A contingent liability that is considered remote should be estimated and recorded should be included in the notes to the financial statements requires

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Question 10 A contingent liability that is considered "remote" should be estimated and recorded should be included in the notes to the financial statements requires no action None of these Question 11 A contingent liability that is considered "probable" should be included in the notes to the financial statements None of these Requires no action Shoud be estimated and recorded

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