Which type of contingency are companies most likely to disclose in their annual report?
A) warranty
B) litigation
C) insurance
D) government investigations

Name: Which type of contingency are companies most likely to disclose in their annual report? A) warranty B) litigation C) insurance D) government investigations
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Question

Quizplus · Accepted Answer

Litigation contingencies are the most likely to be disclosed in a company's annual report because they can have a significant financial impact on the company.

Which Type of Contingency Are Companies Most Likely to Disclose