Obligations that depend on past events and that are based on future possible events are contingent liabilities
Indicate whether the statement is true or false
False
You might also like to view...
Annual Statement Studies reported the following figures for manufacturers of screw machine products for the ratio of current assets to current debt. The following figures are for a particular industry's current ratio: 1.6; 1.3; 1.2 . Which best describes these three numbers?
a. One third of each of the companies experienced each of the ratios. b. The average ratio was 1.3 . The best firm had 1.6; The worst had 1.2. c. The median was 1.3 . 1.6 is the figure for the upper quartile; 1.2 is the figure for the lower quartile. d. The median was 1.3 . 1.6 is the figure for the lower quartile; 1.2 is the figure for the upper quartile. e. None of the answers are correct.
Which of the following is not one of the characteristics of team excellence, according to Larson and LaFasto?
A. results-driven structure B. collaborative climate C. authoritative leadership D. clear, elevated goal
In the group of words although our company profits increased, the word although is a ____
A) conjunctive adverb B) coordinating conjunction C) subordinating conjunction
Value may be perceived differently because of consumers' idiosyncratic tastes, knowledge about the service, buying power and ability to pay.
Answer the following statement true (T) or false (F)