Interested to Buy Any Domain ? << Click Here >> for more details...
what is contingent liability
- 7 Answers
- 14940 Views
- AXA, Capital IQ, Dena Bank, TCL, TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kirankumar
the probability of an obligations to pay certain sums
dependent on future events.
| Is This Answer Correct ? | 24 Yes | 4 No |
Answer / ziya anjum
contingent liability are those liability which will be paid or may not be paid in future are called contingent liability.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / kiran
contingent liability is not a real liability,it is bocome a liability on condition,and it's shown in balance sheet foot note.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / anand
It is not a real time liability whether future events can be decided whether it is a liability or not. It shows the balancesheet under footnote
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vnktsh
contingent liability is a liability but it depends upon the happening of future event as usual it shown under liabilities
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / manik kakkar
A contingent liability is a potential liability that may occur, depending on the outcome of an uncertain future event. A contingent liability is recorded in the accounting records if the contingency is probable and the amount of the liability can be reasonably estimated.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / da
contingent liability which will show in balance sheet under footnote a
| Is This Answer Correct ? | 6 Yes | 8 No |
what is the problem that is being faced by fixed maturity plans today?
What is Wholesale Price Index ?
what are levels of traders?
What is the deportment of RBI monetary policy?
What is the minimum amount of money that should be remitted through rtgs?
How can Indian Economy be developed?
0 Answers State Bank Of India SBI,
What is more important work or money?
What are your salary expectations?
What is the role of technology in banking sector?
0 Answers State Bank Of India SBI,
WHAT DO MEAN BY OPERATING PROFIT ?
How Is Banks Supervision Structured?
What is RTGS System?
-
Business Administration (517) - Marketing Sales (1279)
- Banking Finance (3209)
- Human Resources (747)
- Personnel Management (68)
- Hotel Management (29)
- Industrial Management (113)
- Infrastructure Management (14)
- IT Management (97)
- Supply Chain Management (16)
- Operations Management (39)
- Funding (79)
- Insurance (494)
- Waste Management (1)
- Labor Management (48)
- Non Technical (73)
- Business Management AllOther (546)
