Contingent Liabilities Are Recorded in the Accounts If the Future

question 82

Short Answer

Contingent liabilities are recorded in the accounts if the future event is ________ and the amount owed can be ________.

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Definitions:

Polymerase Chain Reaction

A laboratory technique used to amplify segments of DNA for various genetic analyses.

Genetic Engineering

Human-induced changes in the genome of an organism, often performed for the benefit of humans.

DNA Fingerprinting

A technique used to identify individuals based on unique patterns of their DNA, commonly used in forensics, paternity testing, and genetic testing.

PCR

Polymerase Chain Reaction, a laboratory technique used to amplify DNA sequences, making millions of copies of a specific DNA section.