Question: Which statement about contingencies is correct? Question 3 options: If the future outcome is probable and reliably measurable, a provision is recorded. If the future

Which statement about contingencies is correct?
Question 3 options:
If the future outcome is probable and reliably measurable, a provision is recorded.
If the future outcome is probable, a provision is recorded even if it is not reliably measurable.
If the future outcome is possible, a provision is recorded even if it is not reliably measurable.
If the future outcome is possible and reliably measurable, a provision is recorded.

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