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Which information about threatened litigation

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Problem 1: Which of the following information about threatened litigation should not be considered to determine whether an accrual is appropriate prior to an issuance of a company's financial statements?

A. The period in which the underlying cause of the threatened litigation occurred.

B. The degree of probability of an unfavorable outcome.

C. The ability to make a reasonable estimate of the amount of loss.

D. The period in which the threatened litigation became known to management

Reference no: EM132718786

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