Provisions are contingent liabilities which are accrued because the likelihood of an unfavorable outcome is a. virtually

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Provisions are contingent liabilities which are accrued because the likelihood of an unfavorable outcome is

a. virtually certain.

b. greater than 50%

c. at least 75%.

d. possible

Related Book For answer-question

Principles of cost accounting

ISBN: 9780840037039

15th Edition

Authors: Edward J. Vanderbeck

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Posted Date: Dec 24, 2020 02:37 AM

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Provisions are contingent liabilities which are accrued because the likelihood of an unfavorable outcome is a. virtually

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b greater than 50 is Correct Answe... View the full answer

Principles of cost accounting

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