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The accounting treatment for a lawsuit depends on: _________ a. the ability to estimate the amount of payment b. the amount of time until the lawsuit is settled c. the likelihoo…

The accounting treatment for a lawsuit depends on: _________ a. the ability to estimate the amount of payment b. the amount of time until the lawsuit is settled c. the likelihoo…
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The accounting treatment for a lawsuit depends on: _________

a. the ability to estimate the amount of payment
b. the amount of time until the lawsuit is settled
c. the likelihood of payment
d. the type of contingency

asked
User Biswanath
by
8.2k points

1 Answer

2 votes

Answer:

it depends on the ability to estimate the amount of payment

answered
User Sandria
by
8.1k points
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