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    Financial Accounting Study Set 5
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    Exam 9: Current Liabilities and Fair Value Accounting
  5. Question
    Which of the Following Is a Contingent Liability
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Which of the Following Is a Contingent Liability

Question 122

Question 122

Multiple Choice

Which of the following is a contingent liability?


A) Unearned revenues
B) Excise tax payable
C) Payroll liabilities
D) Disputed additional tax assessment

Correct Answer:

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