In order to be a recorded contingent liability, the liability must be possible and easily estimated

a. True
b. False

Indicate whether the statement is true or false


False

Business

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Sheridan decides to buy his first car. The car salesperson promises to arrange a car loan for him if he also purchases the auto insurance. This is a classic example of:

A. a tie-in sale. B. discriminatory selling. C. misrepresentation. D. reciprocal selling. E. a Green River dealership.

Business

Which of the following can be considered as company collateral?

A) catalogues offered by companies giving detailed product information B) interviews with CEOs found in trade publications C) blogs written by customers detailing recent product releases D) company-specific news covered in press releases by PR departments

Business

You are an antiques dealer. Which of the following would NOT be an example of your operating expenses?

A) rent paid to the owner of your building B) amounts spent on utilities C) money paid for administrative salaries D) purchase of antiques for resale

Business

The main ingredient for developing a confidence interval is the sampling distribution of the underlying statistic.

Answer the following statement true (T) or false (F)

Business