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ACC 422 Week 4 DQ 2 To purchase this material click Week-4-DQ-2 what is a contingency? Why are contingencies.

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Presentation on theme: "ACC 422 Week 4 DQ 2 To purchase this material click Week-4-DQ-2 what is a contingency? Why are contingencies."— Presentation transcript:

1 ACC 422 Week 4 DQ 2 To purchase this material click http://www.assignmentcloud.com/ACC-422/ACC-422- Week-4-DQ-2 what is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingencies? Should companies record a liability for threatened litigation? Explain why or why not. For more classes visit www.assignmentcloud.com

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