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William James made which of the following ideas central to his philosophy?
Known Liabilities
Obligations that are quantifiable, and the company is aware of, including debts and other financial responsibilities that appear on the balance sheet.
Employee Earnings Report
A detailed record that shows the amount of money an employee has earned over a particular period, including wages, bonuses, and deductions.
Gross Earnings
The total amount of money earned by an individual or organization before any deductions are made.
Contingent Liabilities
Contingent liabilities are potential liabilities that may occur depending on the outcome of a future event, and are recorded in the company's financial statements if probable and estimable.
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