Question: n ' t your default browser Set as default ring Enabled: Midterm ( i ) Help 7 A contingent loss should be reported in a
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A contingent loss should be reported in a disclosure note to the financial statements rather than being accrued if
Multiple Choice
The likelihood of a loss is remote
The incurrence of a loss is reasonably possible.
The incurrence of a loss is more likely than not
The likelihood of a loss is probable.
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