Examlex
Which of the following are categories that do not reflect the contingent nature of losses and the guiding criteria organized around probability of outcomes as provided by the FASB?
Settlement Agreement
A legally binding contract that resolves disputes between parties without going to trial.
Social Media Post
Content created and shared on digital platforms, designed to communicate, engage, or inform users.
Online Retailer
A business that sells goods or services over the internet directly to consumers.
Cookies
Small pieces of data sent from a website and stored on a user's computer by the web browser while the user is browsing, used for tracking and personalizing the web experience.
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