Answer:
c. Not accrued Disclosed.
Explanation:
The management has estimated the loss contingency of lawsuit as reasonably possible. The Contingent liability is reasonably possible then it will be disclosed in the Notes to Financial Statements and not accrued in Balance sheet. If the contingent liability is probable then the accrual needs to be made in the Balance Sheet.
With the information given in the problem, we know that 80% of the time the brand will be recognized.
As we know, 8/10 is the same thing as 80%.
The probability that exactly 8 people will recognize the brand is 100%.
Let me know how this works out.
Answer:
-900000000000000000000000000
Oracle is a Database application