Question: oring Enabled: ACCT 5 5 0 1 Final Exam i Saved TB MC Qu . 8 - 1 3 3 ( Static ) A contingent

oring Enabled: ACCT 5501 Final Exam i
Saved
TB MC Qu.8-133(Static) A contingent liability should be disclosed...
A contingent liability should be disclosed in a note to the financial statements rather than being recorded if the likelihood of a loss is:
Multiple Choice
4:49:21
ences
80% or higher.
Probable.
Reasonably possible.
Remote.
oring Enabled: ACCT 5 5 0 1 Final Exam i Saved TB

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