Which of the following may be a contingent liability?
a)sales tax owed
b) accrued interest
c) future lawsuits claims
d) customer deposits
Answer: C
Which of the following may be a contingent liability?
a)sales tax owed
b) accrued interest
c) future lawsuits claims
d) customer deposits
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.