Question: Question 25 If a loss is probable and can be reasonably estimated, the accounting treatment is O 1. Liability is accrued and related information is

Question 25 If a loss is probable and can be reasonably estimated, the accounting treatment is O 1. Liability is accrued and related information is disclosed 2. Liability is not accrued and no disclosure is necessary O 3. Disclosure note only 4. Liability is accrued but no disclosure is necessary

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