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Which Statement About Contingencies Is Correct

Question 4

Multiple Choice

Which statement about contingencies is correct?


A) If the future outcome is possible and reliably measurable,a provision is recorded.
B) If the future outcome is probable and reliably measurable,a provision is recorded.
C) If the future outcome is probable,a provision is recorded even if it is not reliably measurable.
D) If the future outcome is possible,a provision is recorded even if it is not reliably measurable.

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