Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is contingent liability.

Answer Posted / abdul

it is a obligation to pay on happening an non-happening of
uncertain event

EX: accident take place while transferring of goods from one
place to other place

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the Memorandum voucher?

10859


How can we calculate the total income of the company.

2008


what is joint venture?

2089


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1861


What is Mean By FRS for HQ reporting, How To Prepare?

2040


company accounts introduction?

2660


what is finance what is bpo why do u want join a BPO types of process in BPO Company's

2226


What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

2167


what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?

4896


What Kind Of Requirements for Vat Refund And Assessment Cases

1831


How do you plan to achieve these goals

2323


define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09

2154


how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..

2005


Name the Accounting Concepts

2099


how to do finalisation account ,pls tell me step by step ?

2525