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Volkswagon was sued by US Environmental Protection Agency (EPA) after it came to light that the company had been deliberately cheating on emissions. If Volkswagon

Volkswagon was sued by US Environmental Protection Agency (EPA) after it came to light that the company had been deliberately cheating on emissions. If Volkswagon believes that it is probable they will have to pay $950,000,000 in the next year to settle the lawsuit, what obligation does the company have to document this lawsuit in their financial statements?

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