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Indicate the billiards company should make an accrual

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Reference no: EM132948910

Problem 1: Indicate whether the Billiards Company should make an accrual, a footnote disclosure, or neither of these for the following contingency:

The company is being sued for age discrimination by an employee. The company's counsel has indicated it is likely the company will lose and has provided an approximate range of losses. Counsel has recommended that the company settle the case out of court.

Reference no: EM132948910

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