Question 36 (Mandatory) (2 points)

If the likelihood of a contingent liability occurring is probable and the amount is estimable, the contingent liability is:

Question 36 options:

	not recognized or disclosed in the financials
	none of these options
	disclosed in the notes to the financials
	recognized as a liability in the financials

Question 37 (Mandatory) (2 points)

If the likelihood of a contingent liability occurring is probable but the amount is not estimable, the contingent liability is:

Question 37 options:

	recognized as a liability in the financials
	not recognized or disclosed in the financials
	none of these options
	disclosed in the notes to the financials

Question 38 (Mandatory) (2 points)

If the likelihood of a contingent liability occurring is reasonably possible, the contingent liability is:

Question 38 options:

	none of these options
	not recognized or disclosed in the financials
	disclosed in the notes to the financials
	recognized as a liability in the financials

Question 39 (Mandatory) (2 points)

If the likelihood of a contingent liability occurring is remote, the contingent liability is:

Question 39 options:

	none of these options
	not recognized or disclosed in the financials
	recognized as a liability in the financials
	disclosed in the notes to the financials