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Business, 21.02.2020 04:56 brittanyelliott028

A contingent liabilityA. definitely exists as a liability but its amount and due date are indeterminable. B. is accrued even though not reasonably estimated. C. is not disclosed in the financial statements. D. is the result of a loss contingency.

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A contingent liabilityA. definitely exists as a liability but its amount and due date are indetermin...

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