Q:

Which of the following is an example of a contingent liability?

belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:17| Question number:17.24

Ibrahimhamm

Save to bookmark

|

2022-07-02

|

140

0

Which of the following is an example of a contingent liability?

Accounts payable.
Long term debt.
Warranty payable.
All liabilities are \"contingent.\"

Accounting, textbook solutions, MCQ Questions, Accounting textbook-solutions, Accounting MCQ-questions,

login and add your own answer to this question

All Answers

Ibrahimhamm

2022-07-02

need an explanation for this answer? contact us directly to get an explanation for this answer

C. Warranty payable.

need an explanation for this answer? contact us directly to get an explanation for this answer

total answers (1)