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    Intermediate Accounting Study Set 6
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    Exam 13: Current Liabilities and Contingencies
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    Which of the Following Contingencies Is Usually Accrued
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Which of the Following Contingencies Is Usually Accrued

Question 64

Question 64

Multiple Choice

Which of the following contingencies is usually accrued?


A) risk of loss from fire
B) expected proceeds from insurance settlement
C) bad debts
D) discovery of possible mineral reserves on company property

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