Question: Under U . S . GAAP, gain contingencies never accrued. Under IFRS, gain, contingencies are accrued if their future realization is probable to occur. A

Under U.S. GAAP, gain contingencies never accrued. Under IFRS, gain, contingencies are accrued if their future realization is probable to occur.
A) True
False
Under U . S . GAAP, gain contingencies never

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