a. is only remotely possible.
b. cannot be estimated.
A contingent liability:
a. is only remotely possible.
b. cannot be estimated.
c. will result from a future event.
d. is a potential liability that has arisen because of a past event or transaction.
e. will only result when a remote event becomes probable.
f. is remotely estimable and probable.
Answers: 1
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You know the right answer?
A contingent liability:
a. is only remotely possible.
b. cannot be estimated.
a. is only remotely possible.
b. cannot be estimated.
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