Which Statement About Contingencies Is Correct

question 13

Multiple Choice

Which statement about contingencies is correct?

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

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