Question: Debt guarantees are: 3 points points 0 2 : 1 2 : 0 0 Multiple Choice Considered to be an unearned revenue. A bad business

Debt guarantees are:
3 points
points
02:12:00
Multiple Choice
Considered to be an unearned revenue.
A bad business practice.
Never disclosed in the financial statement notes.
Considered to be contingent liabilities.
Recorded as liabilities even though it is highly unlikely that the original debtor will default.
Debt guarantees are: 3 points points 0 2 : 1 2 :

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