Identify the true statement. choose one: a. regions covered by glacial ice are termed periglacial environments. b. the antarctic ice sheet has been calving off huge icebergs over the last few decades. c. glaciers move by basal sliding as friction between the ice and its substrate increases. d. the expansion of ice sheets at the end of the pleistocene caused glacial rebound in northern canada.

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: