1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

Contingent liabilities should be recorded in the accounts
when
A) It is probable that the future event will occur
B) The amount of the liability can be reasonably estimated
C) Both A&B
D) Either A or B

Question Posted / sathish

Answers were Sorted based on User's Feedback



Contingent liabilities should be recorded in the accounts when A) It is probable that the futur..

Answer / sravan kumar

C answer

Is This Answer Correct ?    30 Yes 1 No

Contingent liabilities should be recorded in the accounts when A) It is probable that the futur..

Answer / srujanrao

ans>c

Is This Answer Correct ?    7 Yes 0 No

Contingent liabilities should be recorded in the accounts when A) It is probable that the futur..

Answer / balu

the amount of the liability cane be reasonably estimated

Is This Answer Correct ?    11 Yes 12 No

Contingent liabilities should be recorded in the accounts when A) It is probable that the futur..

Answer / swetha

A

Is This Answer Correct ?    3 Yes 5 No

Contingent liabilities should be recorded in the accounts when A) It is probable that the futur..

Answer / ramana

b

Is This Answer Correct ?    0 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

Expand CMPF?

1 Answers  

what is ADR

5 Answers   FactSet Systems,

what is debt equity ratio

7 Answers   Banking, ICICI, State Bank Of India SBI,

what is surcharge?

8 Answers   Perot Systems,

Which Exchange determine Foreign Exchange/Currency Rate?

0 Answers  




expand -------SRD

1 Answers  

what is hard currince

1 Answers   Deloitte,

EXPAND______________PWD

1 Answers  

what is the present rate of TDs

0 Answers   Accounting,

Financial Management vs Management accounting?

1 Answers  

How do you handle lack of direction or working in chaos

0 Answers  

what is the opposite journal of account receivables?

1 Answers  

For more Accounting AllOther Interview Questions Click Here
Categories