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Which of the following is/are required for a loss contingency to be recorded and included as a liability in a company's financial statements? (Select all
Which of the following is/are required for a loss contingency to be recorded and included as a liability in a company's financial statements? (Select all that apply). Management is certain that the contingency will be resolved in the coming accounting period. It is probable that a loss has already occurred. The amount that will ultimately be paid can be reasonably estimated
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