A Potential Obligation That Depends on the Future Outcome of Past

question 109

True/False

A potential obligation that depends on the future outcome of past events is a contingent liability.

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Definitions:

Open-Ended Questions

Questions formulated to encourage detailed, meaningful, and thoughtful responses, rather than yes-no answers or specific data.

Nondirective Interview

An interviewing technique where the respondent leads the conversation, with minimum control exerted by the interviewer.

Hypothetical Incidents

Scenarios or situations that are imagined or theoretical used to assess reactions, decisions, or behaviors in a controlled environment.

Situational Interview

An interview in which an applicant is given a hypothetical incident and asked how he or she would respond to it