This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why are contingent liabilities considered unique and different from all other liabilities? (Read 91 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Feb 18, 2020
Why are contingent liabilities considered unique and different from all other liabilities?
◦ The company knows the amount of the obligation.
◦ Whether or not a company has an obligation depends on the result of a past event.
◦ The company doesn't know the amount of the obligation.
◦ Whether or not a company has an obligation depends on the result of a future event.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Cooldude101 on Feb 18, 2020

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Unique communities may result from distinct environmental conditions. Unique communities may result from distinct environmental conditions.
Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
A tail from a different individual - the tail of each humpback whale is visibly unique. A tail from a different individual - the tail of each humpback whale is visibly unique.
René Descartes (1596–1650). French philosopher considered the founder of modern philosophy. A ... René Descartes (1596–1650). French philosopher considered the founder of modern philosophy. A ...
Generation of various modified dihybrid ratios from the nine unique genotypes Generation of various modified dihybrid ratios from the nine unique genotypes
Video: Cellular Defects - Osteoblasts, Osteoclasts and Osteocytes

For a complete list of videos, visit our video library