Question: A contingency that is reported in the notes to the financial statements is best exemplified by Select answer from the options below warranty claims on

A contingency that is reported in the notes to the financial statements is best exemplified by
Select answer from the options below
warranty claims on future sales.
loss from a lawsuit settled out of court prior to the end of the fiscal year.
estimated loss from an ongoing lawsuit.
losses from potential future lawsuits.

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