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Which ribs are called the false ribs?
Contingent Liability
A potential financial obligation that depends on a future event occurring or not occurring.
Reasonably Possible
A term used to describe the likelihood of an event occurring that is more than remote but less than probable, often used in financial reporting.
Not Estimable
A term indicating that something cannot have its value, size, or amount accurately determined or calculated.
Contingent Liability
A potential financial obligation that may arise in the future, depending on the occurrence or non-occurrence of one or more uncertain events.
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