Footnote disclosure is required for material potential losses when the loss is at least reasonably possible:
A)Only if the amount is known.
B)Only if the amount is known or reasonably estimable.
C)Unless the amount is not reasonably estimable.
D)Even if the amount is not reasonably estimable.

Question

Quizplus · Accepted Answer

The Answer of Footnote disclosure is required for material potential losses when the loss is at least reasonably possible:
A)Only if the amount is known.
B)Only if the amount is known or reasonably estimable.
C)Unless the amount is not reasonably estimable.
D)Even if the amount is not reasonably estimable.

Footnote Disclosure Is Required for Material Potential Losses When the Loss