Business, 04.09.2020 23:01 skywil8981

For a loss contingency to be accrued, a. it is not necessary that the lawsuit was filed before the end of the accounting period.
b. the lawsuit must have been filed before the end of the accounting period.
c. the cause of the lawsuit must have occurred before the end of the accounting period.
d. the cause of the lawsuit could have occurred before or after the end of the accounting period.

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For a loss contingency to be accrued, a. it is not necessary that the lawsuit was filed before the...

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