Question: A probable loss contingency is reasonably estimated within a range of possible amounts. No amount within the range is a better estimate than any other

A probable loss contingency is reasonably estimated within a range of possible amounts. No amount within the range is a better estimate than any other amount within the range. The amount that should be accrued (reported on financial statements) should be

A) zero.

B) the lower amount of the range.

C) the upper amount of the range.

D) the average amount within the range.

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