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book Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac cover

Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Edition 26ISBN: 978-1337498159
book Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac cover

Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Edition 26ISBN: 978-1337498159
Exercise 44
Contingent liabilities
Altria Group, Inc. , has more than 12 pages dedicated to describing contingent liabilities in the notes to recent financial statements. These pages include extensive descriptions of multiple contingent liabilities. Use the Internet to research Altria Group, Inc., at www.altria.com.
a. What are the major business units of Altria Group
b. Based on your understanding of this company, why would Altria Group require more than 12 pages of contingency disclosure
Explanation
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a. Major Business units of Altria Group ...

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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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