Liabilities Are Recorded Once the Amount Is Definitely Determinable

question 126

True/False

Liabilities are recorded once the amount is definitely determinable.

---

Definitions:

Virulence

A measure of the severity or harmfulness of a pathogen or disease, often in terms of its ability to cause illness or mortality in its host.

Pathogens

Microorganisms such as bacteria, viruses, fungi, and parasites that can cause disease in their host.

Evolution

The sequence through which a variety of living organisms are conjectured to have developed and branched from their early forms over the Earth's historical span.

Malaria

A life-threatening disease caused by parasites transmitted to humans through the bites of infected female Anopheles mosquitoes, characterized by fever, chills, and flu-like illness.