In essence, a liability is a future obligation to pay out money, arising from a past event.

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A. True.

B. False.

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Financial Accounting An International Introduction

ISBN: 9781292102993

6th Edition

Authors: David Alexander, Christopher Nobe

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Question Posted: Apr 17, 2024 01:00 AM

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In essence, a liability is a future obligation to pay out money, arising from a past event.

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Financial Accounting An International Introduction

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