Accountıng Iı Deneme Sınavı Sorusu #1115909

If a present obligation exists but the amount to settle the obligation cannot be estimated reliably, what is this obligation called?


Measurement

Liability

Provision

Accrual

Contingent liability


Yanıt Açıklaması:

If a present obligation exists but the amount to settle the obligation cannot be estimated reliably, the obligation is a contingent liability. The correct answer is E.

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