Which One of the Following Is a Required Condition for a Contingent

question 60

Multiple Choice

Which one of the following is a required condition for a contingent liability to exist?

• A) There is a potential liability to an employee of the client.
• B) The amount of the future payment is known.
• C) The liability resulted from an existing condition.
• D) The outcome has been resolved by a current event.

---

Definitions:

Sioux

A group of Native American tribes known for their distinct culture, language, and history, primarily located in the Northern Plains of the United States.

Apache

Refers to the Apache HTTP Server, a widely used web server software, or can also indicate a group of culturally related Native American tribes.

Social Skills

interpersonal behaviors that are necessary for effective and appropriate communication and interaction with others in various social settings.

Ambivalent

Having mixed feelings or contradictory ideas about something or someone.