$29$

A contingent liability is:

$4$

points

$8$ oves

ellook

Multiple Choice

An obligation arising from a future event.

An obligation arising from the purchase of goods of services on creat

Always of a specific amount.

An obligation that will never require a future payment.

A potential obligation that depends on a future event arising from a past transaction or event.

Prey

$29$ of $53$

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