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Definitions. What is a contingent liability?
Posted: Sat Jun 13, 2009 11:35 am
by Alex
What is a contingent liability?
Re: Definitions. What is a contingent liability?
Posted: Fri Jul 03, 2009 9:42 pm
by Creinin
Contingent liability is an obligation that is dependent upon a future event, or obligation that is not probable or measurable at a given point of time but potentially material
Re: Definitions. What is a contingent liability?
Posted: Mon Mar 01, 2021 7:14 pm
by jameswallet
Hello sir,
mainly contingent liability defines contingent liability as an obligation that is dependent upon a future event or obligation that is not probable or measurable at a given point of time but potentially material or if want to know more about accounting services then you are welcomed here.
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