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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 2: Current Liabilities
  5. Question
    An Estimated Liability Is a Known Obligation of an Uncertain
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An Estimated Liability Is a Known Obligation of an Uncertain

Question 24

Question 24

True/False

An estimated liability is a known obligation of an uncertain amount that can be reasonably estimated.

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