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Author Question: If a potential loss on a contingent liability is remote, the liability usually is (Read 55 times)

dusk108

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on: Aug 21, 2022
If a potential loss on a contingent liability is remote, the liability usually is
◦ disclosed in footnotes, but not accrued.
◦ neither accrued nor disclosed in footnotes.
◦ accrued and indicated in the body of the financial statements.
◦ disclosed in the auditor's report but not disclosed on the financial statements.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by dusk108 on Aug 21, 2022

Khareemom14

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dusk108

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

vickyvicksss

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Reply 3 on: Yesterday
Wow, this really help

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