Which of the Following Are Contingent Liabilities

question 16

Multiple Choice

Which of the following are contingent liabilities?
I. Borrowings from a financial institution
II. An agreement to act as guarantor for borrowings
III. An unresolved lawsuit brought against a newspaper for defamation

• A) II, III
• B) I, II, III
• C) I, III
• D) I, II

Understand the importance of database availability and risk management.

Develop knowledge about the benefits and limitations of cloud technologies.

Understand data breach risks and their impact on businesses and employees.

Grasp the fundamentals of AI, ML, NLP, and IoT and their practical applications.

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Definitions:

Operating Routines

are established methods and procedures followed by an organization in its day-to-day operations.

Values

Fundamental beliefs or ideals that serve as guiding principles for behavior and decision-making.

Result-Oriented Vision

A strategic approach focusing on achieving specific outcomes and goals.

Appreciative Inquiry

A collaborative and strengths-based approach to organizational change that focuses on exploring and amplifying positive potential.