Business, 04.12.2019 04:31 batmandillon21

Weston industries has a potential contingent liability that is considered reasonably possible. the company must now prepare a footnote to its financial statements describing the contingent liability. which of the following does not need to be included in this footnote?
a. there is potential for future payment to an outside party or the impairment of an asset that resulted from an existing condition.
b. there is uncertainty about the amount of the future payment or impairment.
c. the outcome will be resolved by some future event or events.
d. there is uncertainty about the risks involved.

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