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Sometimes, companies must accrue (or at least disclose) a potential loss. Find a loss contingency on the books of a company and tell us

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Sometimes, companies must accrue (or at least disclose) a potential loss. Find a loss contingency on the books of a company and tell us about it (1) What is the situation? (2) Is the potential loss just disclosed or is a liability also accrued? If accrued, what is the amount?

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Example of Loss Contingency Lawsuit 1 Situation A common example of a loss contingency on a companys ... blur-text-image

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