Question 8 Topic 9 According to AASB 137, the appropriate treatment for a contingent asset in the financial statements of an entity is: a. to disclose relevant information in the notes but not to be recognise in the financial statements O b. to be recognised as an asset in the statement of financial statement O C. to be recognised as an income in the statement of profit or loss and other comprehensive income O d. none of the options given is correct