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    Intermediate Accounting Study Set 9
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    Which of the Following Terms Is Associated with Recording a Contingent
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Which of the Following Terms Is Associated with Recording a Contingent

Question 93

Question 93

Multiple Choice

Which of the following terms is associated with recording a contingent liability?


A) Possible.
B) Likely.
C) Remote.
D) Probable.

Correct Answer:

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