A Liability Is Defined in Conceptual Framework As

question 20

Multiple Choice

A liability is defined in conceptual framework as:

• A) possible obligation of the entity, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.
• B) a possible obligation of the entity expected to arise from future events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.
• C) a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.
• D) a present obligation of the entity arising from past events, the settlement of which is expected to result in an inflow to the entity of resources embodying economic benefits.

---

Definitions:

Psychiatric Nurse

A specialized nurse who provides care for patients with mental health issues, supporting their psychiatric treatment, counseling, and medication management.

Cross Service Systems

Interdisciplinary collaborations that facilitate access to and coordination of different service systems for comprehensive support.

Psychiatric Nurse

A specialized nurse who cares for patients with mental health issues, providing support, medication management, and therapeutic care.

Comprehensive Care

A holistic approach to medical and health services that covers all aspects of a patient's needs, including physical, emotional, and social.