Question: QUESTION 20 If a contingency is remote, the company does not need to record a liability and does not need to disclose it in the

QUESTION 20 If a contingency is remote, the company does not need to record a liability and does not need to disclose it in the notes to the financial statements. True False

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The leadership was only formally elected by the membership, and was often an appointed member of the bureaucracy, which in turn was dependent on upper levels of the bureaucracy.

it not being an object for purchase or sale, lease, gift or inheritance; and

property rights of control over the activity of the enterprise being exercised by the state bureaucracy, normally directly by the lower levels of the hierarchical bureaucracy.