Which of the Following Is Not a Factor That Is

question 20

Multiple Choice

Which of the following is not a factor that is considered when evaluating whether or not to record a liability for pending litigation?

• A) Time period in which the underlying cause of action occurred.
• B) The type of litigation involved.
• C) The probability of an unfavorable outcome.
• D) The ability to make a reasonable estimate of the amount of the loss.

---

Definitions:

Quick Parts

Features in Microsoft Office that allow users to create, store, and reuse pieces of content, including text, graphics, and formatting.

Building Blocks

Fundamental components or elements used as the foundation to build, create, or assemble more complex structures, systems, or pieces of work.

Recycled

The process of converting waste materials into new materials and objects, aiming to reduce consumption of fresh raw materials and energy usage.

Domain

An area of knowledge or activity characterized by a set of defined terms and concepts; also refers to an internet address that identifies a specific web presence.