Examlex
If the auditor believes that there is a remote probability that resolution of an uncertainty will have a material effect on the financial statements,the auditor would issue
Liable
Being legally responsible or obligated, typically referring to the duty to compensate for harm or damage caused.
Debts
Obligations owed by one party (the debtor) to another (the creditor), typically involving borrowed money that is expected to be paid back with interest.
Minor
An individual under the legal age of majority, typically 18 years in many jurisdictions, not having full legal rights and responsibilities.
Non-necessary Items
Products or services deemed not essential for basic living and functioning.
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