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Please advise with the following questions: What factors determine whether contingent liabilities must be recorded? What are the current liabilities that must be estimated? Include
Please advise with the following questions:
- What factors determine whether contingent liabilities must be recorded?
- What are the current liabilities that must be estimated? Include bonus plans, vacation, health, pension plans, and warranties in your explanation.
- What liabilities are created by the payroll process? Why is this important to know?
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
