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Use the Internet or Strayer online databases to review at least one (1) contingent liability footnote disclosure from a companys annual report and financial statements.

Use the Internet or Strayer online databases to review at least one (1) contingent liability footnote disclosure from a companys annual report and financial statements. Then, discuss the disclosure(s) and determine whether or not the CFO should record contingent liabilities on the companys balance sheet. Provide a rationale for your response

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