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    Financial Accounting Study Set 21
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    Exam 10: Long-Term Liabilities
  5. Question
    How Should a Liability That Has an Unlikely Chance of Occurring
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How Should a Liability That Has an Unlikely Chance of Occurring

Question 60

Question 60

Multiple Choice

How should a liability that has an unlikely chance of occurring and is insignificant in size be disclosed?


A) No Yes
B) No No
C) Yes No
D) Yes Yes

Correct Answer:

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