Which one of the following types of liabilities represents an existing situation involving uncertainty as to possible gain or loss that will ultimately be resolved when one or more future events occur or fail to occur?
a. Deferred credits
b. Constructive obligations
c. Equitable obligations
d. Contingent liabilities
ANSWER: D
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How much is someone who visits the ATM once every 7 days and has an average cash balance of $70 expected to spend daily?
A. $5 B. $10 C. $15 D. $20
In the question, "What was the most important factor that convinced you it was time to make this purchase?" which word is one of the "words to avoid in question development"?
A) important B) convinced C) you D) most E) factor
In which of the following ways does the triple bottom line approach differ from the balanced scorecard approach?
a. It lacks any overt consideration of financial performance. b. It takes stakeholders, not just shareholders, into account. c. It has an explicit ecological dimension. d. It measures employee learning and growth.
The relevant range is useful for analyzing cost behavior for management decision-making purposes
Indicate whether the statement is true or false