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Home Q & A Board Other Fields Homework Help Business Accounting
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mylesnagop mylesnagop
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A year ago
If a potential loss on a contingent liability is remote, the liability usually is

▸ disclosed in footnotes, but not accrued.

▸ neither accrued nor disclosed in footnotes.

▸ accrued and indicated in the body of the financial statements.

▸ disclosed in the auditor's report but not disclosed on the financial statements.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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denitra31denitra31
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A year ago
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mylesnagop Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
amandamraz
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Yesterday
This helped my grade so much Perfect
einstein
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2 hours ago
Brilliant ツ
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