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
Answer Posted / ramana
b
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
Pls Explain Accounting Standered 1,3,11,29
What Question ask in MARKIT Company?
EXPAND___________NBW
what is mean by T and E cosept
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
Distinguish between sale and consignment
How to enter PO in SAP
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
How many types we are received funds in business purpose
what is span of shares
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
how many types of financial teribuanal? what is that?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
What is Hot Issue Income for Hedge Funds?
duties of bank finance manager