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    Accounting Study Set 1
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    Exam 11: Current Liabilities and Payroll
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    If a Contingency That Is Probable Can Be Reasonably Estimated,a
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If a Contingency That Is Probable Can Be Reasonably Estimated,a

Question 216

Question 216

True/False

If a contingency that is probable can be reasonably estimated,a liability is recorded and an expense is accrued.

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