What do you mean by contingent liability?
- 10 Answers
- 16216 Views
- Siemens, I also Faced
- E-Mail Answers
Answer Posted / bapi ranjan dass
Contingent liabilities are those which are shown in the books of accounts but it may or may not payable in future.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Is the shadow balance present in bank account always credited or bank may reverse it as well?
how to see reoprt of miro booking in SAP FI
What is the procedure of submit bank guarantees and cancellation.
in what circumstances it is mandatory to calculate the goodwill.
Let me know the liability positions of Partners
what is use of cost center category in tally ? why & when use this ? what is benfit ?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
what role did you play in collections?
explain me what steps would you take to increase revenue for this company?
How will service tax & excise be charged?
Explain the meaning of long-term notes payable is or long term liabilities?
What do you find most satisfying about this job?
Role-specific management accountant job interview questions:
How new/innavtive assets are to be treated under IFRS?
