Which Statement Is Correct

question 66

Multiple Choice

Which statement is correct?

• A)Contingencies arise from future events.
• B)Financial guarantees arise from contracts previously entered into.
• C)Current liabilities arise from future events.
• D)The amount to be paid for financial guarantees is known or reasonably estimable.

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Definitions:

Ableism

Discrimination or social prejudice against people with disabilities.

Disableism

Discrimination or prejudice against individuals with disabilities.

Disability Reaction

This term refers to the societal and individual responses and attitudes toward disabilities, encompassing a range of actions from accommodation and support to discrimination and exclusion.

Seniors

Elderly individuals, often defined as people who are 65 years of age or older, who may experience varying levels of dependency, health issues, and societal roles.