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Unit 2 Discussion Topic #2: Accounting for Gain and Loss Contigencies 15 pts Discuss how the terms probable, reasonably possible, and remote are related

Unit 2 Discussion Topic #2: Accounting for Gain and Loss Contigencies 15 pts Discuss how the terms probable, reasonably possible, and remote are related to contingency liabilities. Respond to students who have different views than yours and state why.

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