A Contingent Liability

question 98

Multiple Choice

A contingent liability

• A) Is another name for a long-term liability
• B) Only arise when accounts receivable are factored
• C) Arise when a note receivable is discounted without recourse
• D) Is an obligation to make a future payment if a certain future event occurs
• E) Is an obligation to make a future payment if an uncertain future event occurs

Recognize the importance of surveys in gathering quantitative data.

Understand the role of qualitative research in defining research objectives and gathering preliminary insights.

Understand the concept of ageism and its implications.

Recognize the psychological development stages in late adulthood, specifically ego integrity.

---

Definitions:

PR Professionals

are individuals who manage and improve the public image of their client or employer, often through media relations, press releases, and public events.

Edelman PR

A global public relations and marketing firm known for providing services in reputation management, brand strategy, and digital marketing.

Employee Collaboration

Employee Collaboration involves teamwork and the collective effort of employees working together towards a common goal, leading to increased innovation and productivity.

Organizational Clarity

The degree to which an organization’s mission, values, and objectives are clearly defined and understood by its members.