Question: Liabilities that arise from past transactions only if certain future conditions exist are called O a. business liabilities. O b. cost liabilities. O c. material

exist are called O a. business liabilities. O b. cost liabilities. O

c. material liabilities O d. contingent liabilities

Liabilities that arise from past transactions only if certain future conditions exist are called O a. business liabilities. O b. cost liabilities. O c. material liabilities O d. contingent liabilities

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