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Contingent Assets May Be Disclosed in the Notes If Probable

question 12

True/False

Contingent assets may be disclosed in the notes if probable and reasonably estimable.


Definitions:

Drug Possession Arrests

Detentions made by law enforcement for holding illegal drugs.

1980

The year recognized historically for various events but without additional context, can't be defined more specifically here.

Sentencing Reform Bills

Legislation intended to modify sentencing laws and guidelines, often to address issues of fairness and equity.

Enacted

Means something has been made into law or given legal authority through official legislative action.

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