Uncertainties Such as Natural Disasters

question 161

Multiple Choice

Uncertainties such as natural disasters:

• A)Are not contingent liabilities because they are future events not arising out of past transactions or events
• B)Are contingent liabilities because they are future events arising from past transactions or events
• C)Should be disclosed because of their usefulness to financial statements
• D)Are estimated liabilities because the amounts are uncertain
• E)Arise out of transactions such as debt guarantees

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Definitions:

Assessment/Diagnosis

The process of evaluating the nature and cause of a health condition based on symptoms, tests, and other data.

Clinical Decision Support

A health information technology system that provides clinicians, staff, and patients with knowledge and person-specific information, intelligently filtered and presented at appropriate times, to enhance health and healthcare.

Specialty

A particular branch of medicine or surgery in which a doctor has undergone advanced training and gained expertise.

Objective Finding

A measurable or observable fact or symptom in a patient, discernible through diagnostic tests or physical examination.