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    Financial Accounting Study Set 1
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    Exam 10: Liabilities
  5. Question
    No Mention Is Required in the Financial Statements for Contingent
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No Mention Is Required in the Financial Statements for Contingent

Question 149

Question 149

Multiple Choice

No mention is required in the financial statements for contingent liabilities that are:


A) probable.
B) remote.
C) possible.
D) likely.

Correct Answer:

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