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Which of the following statements regarding uncertainty in abilities is false? Multiple Choice Liabilities can involve uncertainty in whom to pay O A company can
Which of the following statements regarding uncertainty in abilities is false? Multiple Choice Liabilities can involve uncertainty in whom to pay O A company can create a liability with a known amount even when the holder of the note may not be known until the maturity date A company can have an obligation of a specific amount to known creditor but not know when it must be paid A company only records Habilities when it knows whom to pay, when to pay, and how much to poy. Without all three, alability cannot be recorded A company can be aware of an obligation but not know how much it will be required to pay
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