When the Federal Government Decides to Pay Senators More Than

question 182

Multiple Choice

When the federal government decides to pay senators more than it pays soldiers,it answers the ________ question.

• A) why
• B) how
• C) for whom
• D) what
• E) where

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Definitions:

Potential Lawsuit

A legal challenge or claim that has not yet been filed but has the possibility to be brought forward because of existing disputes.

Contingent Liabilities

Possible obligations that may arise in the future due to past events, depending on the occurrence of certain uncertain events.

Unearned Revenues

Income received by a company for goods or services yet to be delivered or performed.

Liability Uncertainty

Liability uncertainty involves not knowing the exact amount or timing of future outflows due to existing obligations.