Marked out of 0.50 Flag question Question 4 Not yet answered An obligation to make a future payment if, and only if, an uncertain future event occurs is known as: Select one or more: a. Known Liability b. Estimated Liability c. Possible Liability d. Contingent Liability Question 5 Not yet answered Marked out of 0.50 Flag question Contingent liabilities that are both probable and estimable must be: Select one or more: a. Disclosed in the financial statement notes b. Recorded as a liability Question 6 Not yet answered Marked out of 0.50 Flag question A dividend preference for preferred stock means that: Select one or more: a. Preferred stockholders always receive more in dividends b. Preferred stockholders are the only stockholders who can be allocated dividends c. Preferred stockholders are allocated dividends before common stockholders