Quiz 13.67 – Disclosure Requirements for Potential Losses in Financial Statements

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Under what circumstances is financial statement note disclosure required for material potential losses?

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  • Search Terms: a) b) c) d) amount at disclosure estimable. even financial for if is known known. least loss losses material not note only or possible: potential reasonably required statement the unless when
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