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Multiple Select Question

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Under US GAAP, a contingent liability should $($Enter one word per blank$)$

be in the notes to the financial statements if the loss may possibly occur and can be reasonably estimated

be reported on the balance sheet if the loss will probably occur and can be reasonably estimated

be reported on the balance sheet if the loss may possibly occur and can be reasonably estimated

not be reported if the loss is remote and unable to be estimated

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