Question
1. Define liabilities. 2. What are the essential characteristics of an accounting liability? 3. Differentiate current liabilities to non-current liabilities. 4. How are short term
1. Define liabilities.
2. What are the essential characteristics of an accounting liability?
3. Differentiate current liabilities to non-current liabilities.
4. How are short term liabilities initially measured as per accounting standard?
5. How are long-term liabilities initially measured as per accounting standard?
6. What is a contingent liability?
7. What are estimated liabilities?
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Cost-Benefit Analysis Concepts and Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
5th edition
1108401295, 9781108415996, 1108415997, 978-1108401296
