What factors must be considered in determining whether or not to record a liability for pending litigation?

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What factors must be considered in determining whether or not to record a liability for pending litigation? For threatened litigation?

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Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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Question Posted: Sep 14, 2022 07:12 AM

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What factors must be considered in determining whether or not to record a liability for pending litigation for threatened litigation?
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What factors must be considered in determining whether or not to record a liability for pending litigation?

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Intermediate Accounting

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