Question: A contingency need not be recorded nor disclosed when the possibility of the contingency happening is remote. O it is probable the contingency will happen
A contingency need not be recorded nor disclosed when O the possibility of the contingency happening is remote. it is probable the contingency will happen but the amount cannot be reasonably estimated. O it is reasonably possible the contingency will happen and the amount can be reasonably estimated. O it is probable the contingency will happen and the amount can be reasonably estimated.
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