Acustomer is currently suing a company a reasonable


A customer is currently suing a company. A reasonable estimate can be made of the costs that would result from a ruling unfavorable to the company, and the amount involved is material. The company's managers, lawyers, and auditors agree that there is only a remote likelihood of an unfavorable ruling. This contingency:

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Accounting Basics: Acustomer is currently suing a company a reasonable
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