Solution-Determine the specific eight- or nine-digit

Determine the specific eight- or nine-digit codification

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Question 1: Determine the specific eight- or nine-digit Codification citation (XXX-XX-XX-XX) that describes the following items:

1. If it is only reasonably possible that a contingent loss will occur, the contingent loss should be disclosed.

2. Criteria allowing short-term liabilities expected to be refinanced to be classified as long-term liabilities.

3. Accounting for the revenue from separately priced extended warranty contracts.

4. The criteria to determine if an employer must accrue a liability for vacation pay.

Reference no: EM132496376

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