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Choose the correct answer. A. A company only records liabilities when it knows when to pay, and how much to pay. Without all three, a

Choose the correct answer.

A. A company only records liabilities when it knows when to pay, and how much to pay. Without all three, a liability cannot be recorded.

B. A company can have an obligation of a known amount to a known credit but not know when it must be paid

C. A company can be aware of an obligation but not know how much will be required to settle it.

D, A company can create liability with a known amount even when the holder of the note may not known until the maturity date.

E. liabilities can involve uncertainty in whom to pay

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