Which of the following are not factors that are considered when evaluating whether or not to record a liability for pending litigation?

Which of the following are not factors that are considered when evaluating whether or not to record a liability for pending litigation?



a. Time period in which the underlying cause of action occurred.
b. The type of litigation involved.
c. The probability of an unfavorable outcome.
d. The ability to make a reasonable estimate of the amount of the loss.


Answer: The type of litigation involved


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