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978-1-259-30795-9 d. t management can...

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Accounting

978-1-259-30795-9
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d. t management can estimate the amount of loss that will ocur due to litigation against the company, and the likelihood of the loss is probable, a contingent liability should be A. Disclosed, but not reported as a liability. B. Disclosed and reported as a liability C. Neither disclosed nor reported as a liability. D. Reported as a liability, but not disclosed

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