Question

Wyatt Co. has a probable loss that can only be reasonably estimated within a range of...

Wyatt Co. has a probable loss that can only be reasonably estimated within a range of outcomes. No single amount within the range is a better estimate than any other amount. The loss accrual should be

A.Zero.

B.The maximum of the range.

C.The mean of the range.

D.The minimum of the range.

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