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    Intermediate Accounting Study Set 3
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    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
  5. Question
    A Contingency Is an Event or Transaction That Will Occur
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A Contingency Is an Event or Transaction That Will Occur

Question 117

Question 117

True/False

A contingency is an event or transaction that will occur only if some other uncertain event happens.

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