Which Statement About Contingencies Is Correct

question 38

Multiple Choice

Which statement about contingencies is correct?

• A)If the future outcome is remote but reliably measurable,a provision is recorded.
• B)If the future outcome is remote,but not reliably measurable,disclosure is required.
• C)If the future outcome is remote,but not reliably measurable,no action is required.
• D)If the future outcome is remote,but reliably measurable,disclosure is required.

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Definitions:

Eyewitness Testimony

The account given by people of an event they have witnessed, often used as evidence in the legal system.

Wrongful Convictions

The conviction of individuals for crimes they did not commit due to errors in the criminal justice process, often leading to imprisonment.

Accuracy

The degree to which a measurement, calculation, or action correctly reflects or represents the intended target, goal, or standard.

Surprise Test

An unplanned examination given to students without prior notice, primarily used to assess their ongoing understanding of the subject matter.