If the Amount of a Liability Cannot Be Exactly Determined,it

question 2

True/False

If the amount of a liability cannot be exactly determined,it should not be recorded.

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Definitions:

Action

The process or state of acting or doing something, typically to achieve a specific goal or result.

Antecedent

Refers to a thing or event that existed before or logically precedes another.

Modifier

A word, phrase, or clause that adds description to or qualifies another word in a sentence, changing its meaning.

Clusters

Clusters refer to groups of similar things or people positioned closely together, often used in computing to refer to a set of linked computers that work together.