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...

CONTIGENT LIABILITYES

Answer Posted / vengal rao

Contingent liabilities are possible future liabilities that
will only become certain on the occurrence of some future
event. A contingent liability is less certain than a
provision: the latter is expected to occur, a contingent
liability might occur.

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

2140


As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...

2113


can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

2094


Three steps for correction in BRS?

2221


We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

1799


where we have file E-returns in SAP FICO-CIN/Wtax?

2699


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

2421


WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

2135


WHAT IS CORPORATE ACTION?

2212


your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1948


what is differred tax liability? explain in detail with some example.

3064


How & When We Calculate Deffered Tax... Please Give me Some Example.?

2187


what is the difference between speculation & investment?

2264


Expand-----RTD

2111


A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1934