Question: obligation that involves an existing condition for which the outcome is not known with certainty and depends upon me event that will occur in the
obligation that involves an existing condition for which the outcome is not known with certainty and depends upon me event that will occur in the future is a called an
a unearned revenue.
b conditional liability.
c contingent liability.
d current liability.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
