Question
Use the following to identify the appropriate treatment for each contingent liability (Record only, Record and disclose, Disclosure only, Do not record or disclose): The
Use the following to identify the appropriate treatment for each contingent liability (Record only, Record and disclose, Disclosure only, Do not record or disclose):
The event is reasonably possible and the amount is estimable |
The event is remote and the amount is estimable |
The event is remote and the amount is not estimable |
The event is reasonably possible but the amount is not estimable |
The event is probable but the amount is not estimable |
|
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
