Match Each Railroad Company Below with the Correct Entrepreneur

question 38

Multiple Choice

Match each railroad company below with the correct entrepreneur.

• A) A-4, B-2, C-1
• B) A-3, B-4, C-2
• C) A-2, B-1, C-3
• D) A-4, B-3, C-1
• E) A-1, B-3, C-4

---

Definitions:

Best Estimate

The amount which represents, as closely as possible, what the entity would rationally pay to settle the present obligation at the end of the reporting period or to provide consideration to a third party to assume it.

Obligation Settlement

The process of fulfilling or discharging a liability, such as paying off a loan, fulfilling a contract, or making a required payment.

Contingent Liabilities

Responsibilities that may arise based on the outcome of a future event.