Which One of the Following Is a Contingent Loss That

Multiple Choice

Which one of the following is a contingent loss that is required to be disclosed only in a note to the financial statements?

A) A loss that is reasonably possible and the amount can be reasonably determined.
B) A loss that probably will never materialize, and the amount cannot be reasonably estimated.
C) A probable loss of a known amount.
D) A probable loss of a reasonably estimated amount.