Examlex
When explaining death to younger children (around preschool age) ,the most important point for parents to stress is that:
Accounts Payable
Money owed by a business to its suppliers or creditors for goods and services received.
Potential Lawsuit
A legal challenge or claim that has not yet been filed but has the possibility to be brought forward because of existing disputes.
Contingent Liabilities
Possible obligations that may arise in the future due to past events, depending on the occurrence of certain uncertain events.
Unearned Revenues
Income received by a company for goods or services yet to be delivered or performed.
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