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z Corp. has been sued for patent infringement z Corp's legal counsel believes it is probable that the company will lose the lawsuit and be

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z Corp. has been sued for patent infringement z Corp's legal counsel believes it is probable that the company will lose the lawsuit and be required to pay a settlement. Legal counsel believes the loss will be between $10 million and $18 million. As the controller, you asked if they could give you a better estimate, to which they responded "No." The loss will be at least $10 million and could be as high as $18 million, they responded How much. If any should Z Corp. recognize as an expense/loss related to this lawsuit Multiple Choice 1 O 50 0 $10 million 0 O $18 million 0

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