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A contingent liability is an actual liability that is estimated when things go wrong. T or F?

gOOvER

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A contingent liability is an actual liability that is estimated when things go wrong. T or F?

A contingent liability is an actual liability that is estimated when things go wrong.
T or F?

Textbook

Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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gOOvER Author

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Hopefully I pass my course

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