This is my question could you please help

A) Your audit procedures have found the following. Review and assess the appropriate treatment. Provide the reason for your decision. 1) Sanitary Landfill Limited has been notified by the municipality that it must remediate the landfill site on which chemicals had been stored in the past. Sanitary Landfill Limited has hired a consulting firm to estimate the cost of remediation, which has been documented at $10 million. ii) Sanitary Landfill Limited has been notified that a third party may begin legal proceedings against it, based on a situation involving environmental damage to a site once owned by Sanitary. Based on the experience of other companies who have been subjected to this type of litigation, it is probable that Sanitary will have to pay $8 million to settle the litigation, A separate aspect of the litigation is still open to considerable interpretation, but could potentially require an additional $12 million to settle. pg 5 75 B) Identify three useful audit procedures for uncovering contingencies. po 5 69