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As a manager for a major brand, what would be one of your most important hires?
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.
Probable
A term often used in accounting and finance to describe an event or action that is likely to occur based on current evidence.
Not Estimable
describes a condition where the value or quantity of something cannot be accurately predicted or determined.
Installment Note
A debt instrument that requires regular payments, or installments, of principal and interest over a specific period.
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