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Stellamaris Rafua
on Nov 18, 2024

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Event is probable and amount is estimable

Contingent Liability

A potential financial obligation that may arise in the future, dependent on the outcome of a specific event or set of circumstances.

Probable

A term signifying a high likelihood or certainty that a future event will occur.

Estimable

Capable of being approximated or determined in value, often referring to an amount or value in accounting.

  • Pinpoint and execute fitting accounting procedures for contingent liabilities.
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JK
jesus keithNov 19, 2024
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