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babunello [35]
3 years ago
15

Contingent Liabilities must have the following criteria (select all that apply): Select one or more: A. The obligation is certai

n to require payment at some point in the future. B. The obligation will probably require payment at some point in the future. C. The obligation is estimable. D. The obligation will possibly require payment at some point in the future. E. None of the above
Business
1 answer:
Leya [2.2K]3 years ago
3 0

Answer: Option B and C

                                     

Explanation: In simple words , contingent liabilities refers to the liabilities the occurrence of which depends on the happening of an event that may or may not occur in the future.

These are recorded in the accounts only when  the payment is to be made in future and that payment could be reasonably estimated.

Hence the correct option is B and C

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Why would someone choose to start a franchise business?
Rom4ik [11]

Answer:

The franchise organization model offers the franchisee the ability to grow under a common brand and share in the benefits of a larger group of business owners. ... Training from successful business operators. A lower risk of failure and/or loss of investments than if you were to start your own business from scratch.

6 0
3 years ago
Most four-year colleges want to see that you have participated in community service and extracurricular activities because?
yKpoI14uk [10]
It reflects positively on the college and it shows that you have respect for others are willing to help as well.
4 0
3 years ago
Briefly describe an experiment that would test the premack differential probability principle
amm1812
An experiment that could test the Premack differential probability rule is as per the following; the kids are given two reaction choices, one for playing pinball machine and another for eating confection and these practices are evaluated to figured out which is more plausible for every kid. A portion of the youngsters who discovered to favor one movement. In the second period of the trial, the testing of the youngsters was directed with one oF the two systems. In the primary strategy, eating was a fortifying reaction while playing pinball was the instrumental reaction implying that the youngsters played pinball keeping in mind the end goal to eat the confection.
6 0
3 years ago
Heritage, inc., had a cost of goods sold of $45,821. At the end of the year, the accounts payable balance was $8,773. How long o
Aliun [14]

<u>Calculation of Days Payable Outstanding:</u>

Days Payable Outstanding can be calculated using the following formula:

Days Payable Outstanding = (Accounts

Payable *365) / Cost of Goods Sold

= (8,773*365)/45,821

= 69.88

Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average<u> 69.88 </u>days to the company to pay off its suppliers during the year.





3 0
3 years ago
HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Rainbow [258]

Answer:

True

Explanation:

The workplace refers to the place where an activity is carried out for the purpose of a monetary return. Each workplace is made up of different people, maintaining different dynamics. This way, every workplace is different. Even though it is standardized, the people who make up the place will give the workplace different dynamics, differentiating them.

8 0
3 years ago
Read 2 more answers
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