Disclosure usually is not required for
A) contingent gains that are probable and can be reasonably estimated.
B) contingent losses that are reasonable possible and cannot be reasonably estimated.
C) contingent gains that are reasonably possible and cannot be reasonably estimated.
D) contingent losses that are remote and can be reasonably estimated

Question

Quizplus · Accepted Answer

Contingent losses that are remote do not require disclosure because they are unlikely to occur.

Disclosure Usually Is Not Required for