Question: A contingent liability Multiple Choice points 8 0 0 : 1 3 : 1 4 Is a liability of a specific amount eBook Is a

A contingent liability
Multiple Choice
points
800:13:14
Is a liability of a specific amount
eBook
Is a potential obligation that depends on a future event arising out of a past transaction
is an obligation arising from the purchase of goods or services on credit
None of these
Is an obligation not requiring immediate payment

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