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Unformatted text preview: S?L'i'Ilr S.?~W-p a M"~M Cl ap-10 J 6 l! Contingent Liabilities " .- a potential liability that has arisen as a result of a past event Li.0\. ..~ probabte: likely s-reesonably possible: chance> remote, < likely }i>remote: chance slight Accounting for Contingencies No disclosure required ~omoun-t of' bOho' \It, : pnOLifM I ,(hI'" I/O 11K, rit~. flo/~Oh eoch doJ1 *:~ tn:xied!. .LL> ----...
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This note was uploaded on 09/01/2011 for the course ACCT 284 taught by Professor Clem during the Fall '08 term at Iowa State.
- Fall '08