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Which of the following is NOT a factor that is considered when evaluating whether or NOT to record a liability for pending litigation? A .
Which of the following is NOT a factor that is considered when evaluating whether or NOT to
record a liability for pending litigation?
A Time period in which the underlying cause of action occurred.
B The type of litigation involved.
C The probability of an unfavorable outcome.
D The ability to make a reasonable estimate of the amount of the loss.
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