Which of the following contingencies is usually not accrued in the accounts?

A) uninsured risk of property loss by fire or other hazards
B) guarantees of indebtedness of others
C) noncollectibility of receivables
D) agreements to repurchase receivables that have been sold

Contingencies that are not likely to occur or cannot be estimated reliably are not accrued in the accounts, and the uninsured risk of property loss by fire or other hazards falls under this category. Rather, companies typically disclose such contingencies in their notes to the financial statements. Choices B, C, and D are usually accrued in the accounts because these are reasonably possible or probable events that could result in future outflows of economic resources.