est-2019-T1-Tutorial Notes-2019-T1-HI5020 x G Which of the following is https://holmes blackboard.com/webapps assessment/take takejsp?course assessment d-3292 1&course,id sa 18 content d.240023 ia eston. Instructions Timed Test This test has a tirme limit of 1 hour.This test will save and be submitted automatically when the time expires Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Attempts Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed at any point until the time has expired. The timer will continue to run if you leave the test. This test does not allow backtracking. Changes to the answer after submission are prohibited. Remaining Time: 30 minutes, 48 seconds Question Completion Status: Moving to the next question prevents changes to this answer Question 4 of 10 Question 4 1 points Save rs Which of the following is correct about contingent assets? When the realisation income is virtually certain, the asset is a contingent asset and disclosed in the notes. Contingent assets are recognised in the balance sheet and are An example of a contingent asset is a possible receipt of damages that is associated with a legal claim made against another entity The financial effect of a contingent asset is not disclosed even when it is practicable e current or non-current based on when the revenue is expected to flow to the entity deo Question 4 of 10 Moving to the next quest on prevents changes to this answer in e here to search TOSHIBA . 8 7 0 9 8 6 5 3 ENTER DFG HKL