Contingent Liabilities Are Recorded If the Future Event Is _______________

question 79

Short Answer

Contingent liabilities are recorded if the future event is _______________ and the amount owed can be _______________.

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Definitions:

Conj

Short for conjunction, a word used to connect clauses or sentences or to coordinate words in the same clause.

MP

A shorthand for Modus Ponens, a logical argument form where if a implies b, and a is true, then b must also be true.

Add

The mathematical operation of combining two or more quantities to get a sum.

Simp

Colloquially, a person who is perceived as excessively deferential, subservient, or attentive, often to someone they are attracted to, potentially to their own detriment.