Which of the Following Would Be Considered a Contingent Liability

question 17

Multiple Choice

Which of the following would be considered a contingent liability?

• A)Federal income tax payable
• B)Warranties payable
• C)Pending litigation
• D)Salaries payable

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Definitions:

Validity

The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world, often used in research, testing, and evaluation.

Instrument Measures

Tools or devices designed to assess, quantify, or gauge specific variables or conditions, often for research or evaluation purposes.

Single-subject Designs

Research designs focusing on the response of a single subject to a variable or treatment, allowing for detailed observation and analysis of individual effects.

Goal Attainment Scaling

A method used to set and measure personal or project goals, often involving specifying clear, measurable indicators of success.