Under ASPE, contingent liabilities which are more likely than not, are accrued at the lowest end of the range.

Name: Under ASPE, contingent liabilities which are more likely than not, are accrued at the lowest end of the range.
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Under ASPE, if a contingent liability is more likely than not, it is accrued by recording an expense and a liability at the best estimate of the amount to settle the obligation. If no amount within the range is more likely, the minimum amount in the range is accrued.

Under ASPE, Contingent Liabilities Which Are More Likely Than Not