Why are contingent liabilities not recognised?

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Financial Accounting Reporting, Analysis And Decision Making

ISBN: 9780730363279

6th Edition

Authors: Shirley Carlon

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Question Posted: May 10, 2024 01:00 AM

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Why are contingent liabilities not recognised?

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Contingent liabilities are not recognized in the financial statements because they do not meet the c...View the full answer

Financial Accounting Reporting, Analysis And Decision Making

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