TRUE OR FALSE A liability can exist even if the party to whom the obligation is owed is not specifically identified
TRUE OR FALSE A liability can exist even if the party to whom the obligation is owed is not specifically identified
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 11MC: Which of the following best describes a contingent liability that is unlikely to occur? A. remote B....
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TRUE OR FALSE
A liability can exist even if the party to whom the obligation is owed is not specifically identified.
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