Question: If it is probable that a potential liability may occur, but the amount cannot be reasonably estimated, then this should be . . . Group

If it is probable that a potential liability may occur, but the amount cannot be reasonably estimated, then this should be...
Group of answer choices
recorded as a current asset.
recorded as a liability on the balance sheet.
disclosed in the footnotes that accompany the financial statements.
disclosure is not required.

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