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    Intermediate Accounting Study Set 9
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    The Cause for Litigation Must Have Occurred on or Before
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The Cause for Litigation Must Have Occurred on or Before

Question 74

Question 74

True/False

The cause for litigation must have occurred on or before the date of the financial statements to report a liability in the financial statements.

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