Examlex
Purchases and sales of cash equivalents are reported as investing activities on a statement of cash flows.
Carrying Amount
The book value of an asset or liability in a company's financial statements, based on its original cost adjusted for factors such as depreciation or amortization.
Contingent Liability
A potential financial obligation that may arise in the future, dependent on the outcome of a specific event or set of circumstances.
Probable
A term signifying a high likelihood or certainty that a future event will occur.
Estimable
Capable of being approximated or determined in value, often referring to an amount or value in accounting.
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