Which Statement About Contingencies Is Correct

question 83

Multiple Choice

Which statement about contingencies is correct?

• A)It involves only potential economic outflows of resources.
• B)It is a possible condition that depends upon the outcome of a future event.
• C)It involves uncertainty about either the timing or amount of payment.
• D)It is an existing condition that depends upon the outcome of a future event.

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Definitions:

STL

The Standard Template Library, a C++ library of container classes, algorithms, and iterators.

Generic Data Types

A way to create functions or data structures that can operate on any data type in programming.

Hybrid Language

A programming language that combines elements of multiple programming paradigms, such as procedural and object-oriented programming.

C++

An object-oriented programming language that extends the C programming language, widely used for software development.