Question: When evaluating whether a contingent liability should be accrued for in the financial statements, an auditor would accrue if the contingency is both _ _

When evaluating whether a contingent liability should be accrued for in the financial statements, an auditor would accrue if the contingency is both _________ and _________ Group of answer choices Probably and difficult to estimate Probable and estimable remote and material Reasonably possible and immaterial
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