Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
tivo tivo
wrote...
Go to Answer
Posts: 1776
Rep: 1 0
7 years ago
Why are contingent liabilities considered unique and different from all other liabilities?
A) Whether or not a company has an obligation depends on the result of a future event.
B) Whether or not a company has an obligation depends on the result of a past event.
C) The company knows the amount of the obligation.
D) Both B and C are unique to contingent liabilities.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 123 times
2 Replies
Replies
Answer verified by a subject expert
largerthanlifelargerthanlife
wrote...
#1
Top Poster
Posts: 939
Rep: 33 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tivo Author
wrote...
#2
7 years ago
Amazing, that's all I can say
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1192 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 325
  
 4429
  
 480
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?