Interested to Buy Any Domain ? << Click Here >> for more details...
what is contingent liability
- 7 Answers
- 14902 Views
- AXA, Capital IQ, Dena Bank, TCL, TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kirankumar
the probability of an obligations to pay certain sums
dependent on future events.
| Is This Answer Correct ? | 24 Yes | 4 No |
Answer / ziya anjum
contingent liability are those liability which will be paid or may not be paid in future are called contingent liability.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / kiran
contingent liability is not a real liability,it is bocome a liability on condition,and it's shown in balance sheet foot note.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / anand
It is not a real time liability whether future events can be decided whether it is a liability or not. It shows the balancesheet under footnote
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vnktsh
contingent liability is a liability but it depends upon the happening of future event as usual it shown under liabilities
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / manik kakkar
A contingent liability is a potential liability that may occur, depending on the outcome of an uncertain future event. A contingent liability is recorded in the accounting records if the contingency is probable and the amount of the liability can be reasonably estimated.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / da
contingent liability which will show in balance sheet under footnote a
| Is This Answer Correct ? | 6 Yes | 8 No |
What has happened in the markets in the past three months?
What are the loan products of SBI?
0 Answers State Bank Of India SBI,
Give Any Three Advantages of Joint Stock Company?
0 Answers Joint Stock Company,
What are the types of working capital?
What columns are there in a funds flow statement?
hello,I'm pursuing B.com 2nd yr...i want to do 'MBA' but little bit confused as what to choose from 'finance' or 'marketing'?? and also that is anyone can do "cs" who has commerce background?? please reply me soon.......
What Should I Do If I Discover That I Forgot To List A Creditor In The Bankruptcy Schedules?
is repo a substitute of discount rate?. to what extent you agree with this statement.
Review on stock market from april 2008 to september 2008
How successful is the Make in India initiative taken by the government?
Tell something about Co-operative Banks?
What is BSE and NSE?
0 Answers State Bank Of India SBI,
-
Business Administration (517) - Marketing Sales (1279)
- Banking Finance (3209)
- Human Resources (747)
- Personnel Management (68)
- Hotel Management (29)
- Industrial Management (113)
- Infrastructure Management (14)
- IT Management (97)
- Supply Chain Management (16)
- Operations Management (39)
- Funding (79)
- Insurance (494)
- Waste Management (1)
- Labor Management (48)
- Non Technical (73)
- Business Management AllOther (546)
