Which of the following would not be considered when evaluating whether to record a
contingent loss for pending litigation?
A) the type of litigation involved.
B) the ability to make a reasonable estimate of the amount of the loss
C) time period in which the underlying cause of action occurred
D) the probability of an unfavorable outcome
Answer: A
Business
You might also like to view...
Although central banks are responsible for foreign-exchange policy, they have no power to intervene in exchange rate markets
Indicate whether the statement is true or false
Business
A good starting point in developing a constructive relationship with a subordinate older than you is to show respect for his or her experience
Indicate whether the statement is true or false
Business