A Contingent Liability's Dollar Amount Does Not Get Reported on the Balance

Multiple Choice

A contingent liability's dollar amount does not get reported on the balance sheet if

A) the probability that the event will occur is low and if the amount cannot be reasonably estimated.
B) the probability that the event will occur is high and if the amount cannot be reasonably estimated.
C) the probability that the event will occur is low or if the amount cannot be reasonably estimated.
D) the probability that the event will occur is high only.
E) the amount cannot be reasonably estimated only.