The amount of loss that should be recognized is the <u>minimum amount </u><u>of the </u><u>range. </u>
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<h3>Recording a Contingent liability </h3>
- It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
- If neither of the above are possible, the loss would be recorded as a footnote.
US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.
In conclusion, they should recognize the minimum amount.
Find out more on contingent liabilities at brainly.com/question/17371330.
The answer to this question is, according to Fiedler's contingency model, moderate situation control favors a leader who is relationship oriented, which is option (E).
Moderate situations are situations where tasks that need to be done are generally clear, as well as the how-to in completing them. In moderate situations, the aim of the leadership style is supposed to be to improve relationship, and thus, a relationship-oriented leader is best for this kind of situation.
not being rude but how many question do you have how do you do that
i know the answer though
Many times junk bonds are a high risk bond, but are also a high return. They are more popular during a bear market for this reason only. Sine they have a high return it compensates for the high risk. The junk bonds can also help a persons personal portfolio. Junk bonds also issues with a 10 year term or less. A bear market is when there is a steady drop or stagnation in the market over a period of time.
