Contingent liabilities are only recognized if they arise from past events. Group startsTrue or False

Answers

Answer 1

The question which asks if contingent liabilities are only recognized if they arise from past events is:

False

According to the given question, we are asked to see that we need to find out if contingent liabilities are only recognized if they arise from past events or whether there are other factors involved.

As a result of this, we can see that contingent liabilities has to do with a liability which can occur later in the future and which the finance can be adequately estimated or calculated, such as a potential lawsuit which could lead to an out of court settlement.

Therefore, the correct answer is False

Related Questions

Plss help me NO LINKS AND I MEAN IT NO LINKS IF LINKS YOU WILL BE REPORTED AND DON'T DO IT JUST FOR POINTS

Companies perspective: I believe the benefits of gated content is giving content to a specific amount of people.

Customers perspective: The content is nice because, it gives me access.

Please answer the question picture above.

Answers

Answer: No i would not

Explanation:

Which is an advantage to buying something online?

You can try it right away.

You can take it home with you.

You can compare prices more easily.

You might have to pay for shipping.

Answers

Answer:

pay for shipping :)

Explanation:

Hope it helppsss

The correlation between absenteeism and turnover is ______ the correlation between tardiness and turnover.

Answers

The correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover.

Absenteeism simply refers to a pattern where an employee misses work without giving a good reason. Turnover is the number of an employer's workforce that must be replaced as a result of the separation of employees from the workplace.

It should be noted that the correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover. When employees continually don't come to the office, this will lead to the employers looking for someone to fill in for them.

Read related link on:

https://brainly.com/question/25525397

Other Questions

find CP when sp=47180 loss=5% Which statement is true about early involvement of women in policing?O A. Although police departments started employing police women inthe early twentieth century, it was not until the 1960s that womenbegan to hold higher-ranked administrative positions in policing.O B. Early policewomen primarily worked with women and children,rather than providing the same types of police services as maleofficers.O C. Prior to the appointment of the first policewoman in the earlytwentieth century, police departments did not employ women,other than occasionally to work as cleaners or secretaries.D. The movement to involve women in policing was a fairly isolatedphenomenon, as women generally only worked in low-status non-professional fields. name the star shaped cells present in hydrophytes Give TWO reasons why mechanical digestion of food is important! Marking brainliest Organisms that obtain food by eating other organisms or theremains of other organisms are called... !!!!!!!!!!!!!!!!!!!!!!!!!# Joshua wants to buy a flat-screen TV that costs $625. He saves $62.50 each week to buy the TV. In how many weeks will he have enough money to make his purchase?A. 8B. 9C. 10D. 11 How do you solve for x3x^2 = -24x someone broke in to a local jewelers shop yesterday. The owner had just locked up the shop when a robber with a gun threatened him. the robber told him to unlock the shop and give him all the demands in a safe. Then the robber tied him up. the police have organized a search for the robber. they hope they will find him in a few days. Doctors are treating the owner of the shop for shock. Consider two congruent square prisms each rectangular face of prism A has a width of 2x+3 and each rectangular face of prism B had a length of 4x+6 if each rectangular face of prism A has and area of 25x+25 what is the volume of prism B (round to the nearest whole number) Help me Pleaseeeee its only for grade 5 Weather report, pls help me yall i dont wanna fail this class i beg you plss HELP PLEASE!!!!!!!!!!! What is the cardinal number of the set S={all letters contained within the word BALLADEER}? write any two areas where there is acute need of inclusion in nepal? When a method in the ________ class returns a reference to a field object, it should return a reference to a copy of the field object to prevent security holes. George Washington never belonged to a political party, and even warned against the establishment of them in his Farewell Address. Do you think, though, that Washington was more Federalist or a Democratic-Republican? Explain. plz help asap i need like 5 or more sentences for this. A SMART car can accelerate from rest to a speed of 28 m/s in 20s. What distance does it travel in this time? Read and choose the option with the best words to complete the sentence. Soy Pablo, tengo 45 aos y vendo muebles en mi ciudad. Yo pago a Linda, Peter y Alfonso. Ellos trabajan para m y venden muebles conmigo. Nos gusta vender muebles para las casas de la ciudad. According to the text, Pablo ________. Es abogado es agricultor es jefe es soldado. Problem: A company wants a program that will calculate the weekly paycheck for an employee based on how many hours they worked. For this company, an employee earns $20 an hour for the first 40 hours that they work. The employee earns overtime, $30 an hour, for each hour they work above 40 hours. Example: If an employee works 60 hours in a week, they would earn $20/hr for the first 40 hours. Then they would earn $30/hr for the 20 hours they worked overtime. Therefore, they earned: ($20/hr * 40hrs) + ($30/hr * 20 hrs) = $800 + $600 = $1400 total. For this assignment, you must create pseudocode and a flowchart to design a program that will calculate an employees weekly paycheck.