Business, 19.09.2019 01:00 julielebo8

Skill hardware is the plaintiff in a $16 million lawsuit filed against a supplier. the litigation is in final appeal and legal counsel advises that it is virtually certain that skill will win the lawsuit and be awarded $12 million. how should skill account for this event? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) the contingency is accrued. unchecked the contingency is not accrued. unanswered this is a gain contingency. unanswered this is a loss contingency. unanswered it is probable that the confirming event will occur. unanswered the contingency can be reasonably estimated. unanswered a disclosure note should describe the contingency. unanswered none of these

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Skill hardware is the plaintiff in a $16 million lawsuit filed against a supplier. the litigation is...

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