Bell international estimates that a $10 million loss will occur if a foreign government expropriates some company property. expropriation is considered reasonably possible. how should bell report the loss contingency? (you may select more than one answer.

The contingency is not accrued.

This is a loss contingency.

The contingency can be reasonably estimated.

A disclosure note should describe the contingency.

Explanation:

Since this is a loss due to expropriation, it is an example of loss contingency. Since we are given a concrete number (estimation of loss), this is a contingency that can be logically estimated. Since it is likely that the loss will really occur, it is important to attach a disclosure note to thoroughly describe the actual contingency (giving it a basis).

i think the answer to your question is b. directive