Question
17. A contingent liability is A. an unearned revenue. B. a potential obligation, the existence or amount of which depends on a future event. C.
17. A contingent liability is
A. an unearned revenue.
B. a potential obligation, the existence or amount of which depends on a future event.
C. an amount owed to a state or local government.
D. an amount related to an impairment loss on an intangible asset.
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Cadmus Operational Auditing W R Institute Of Internal Auditors Professional Books Series
Authors: David S. Kowalczyk
1st Edition
047182660X, 978-0471826606
