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  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 17: Completing the Audit Engagement
  5. Question
    What Is the Difference Between a Contingent Liability and a Commitment
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What Is the Difference Between a Contingent Liability and a Commitment

Question 5

Question 5

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What is the difference between a contingent liability and a commitment?

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A contingent liability is an existing co...

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