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    Financial and Managerial Accounting Study Set 9
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    Exam 10: Current Liabilities and Payroll
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    Use the Following Key A-D) to Identify the Proper Treatment
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Use the Following Key A-D) to Identify the Proper Treatment

Question 136

Question 136

Multiple Choice

Use the following key a-d) to identify the proper treatment of each contingent liability.
-Event is probably and amount is estimable


A) Record only
B) Record and disclose
C) Disclose only
D) Do not record or disclose

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