Answer:
as a footnote in financial statements or on the balance sheet
Explanation:
A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.
Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.
When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.
cheers.
Answer:
Letter b is correct.<u> Simplifying the supply chain needed to make goods and services available.</u>
Explanation:
India is the second most populous country in the world, and its economy has grown significantly, there is an increase in the industrial segment and foreign investment in the country, which is increasingly growing due to the large amount of cheap labor available and the country's large consumer market.
Therefore, when the population changes from rural to urban areas, global traders present in India benefit from the greater ease of simplifying the supply chain necessary to provide goods and services organized with automation and an integrated logistics for products to reach the consumer in place and at the right time.
Answer:
are making a large purchase.
Explanation:
A mortgage is a long term debt. It takes at least five years to repay a mortgage. In practice, mortgages are issues for between 10 and 30 years.
Mortgages are ideal for purchases requiring a colossal amount of money. For example, the purchase of homes, land, plants, and equipment. The repayment of the amount borrowed to facilitate such purchases is spread over many years. This enables the borrower to repay the loan in affordable monthly installments.