menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Study Set 3
  4. Exam
    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
  5. Question
    Certain Types of Contingencies Neither Need to Be Accrued nor Disclosed
Solved

Certain Types of Contingencies Neither Need to Be Accrued nor Disclosed

Question 139

Question 139

True/False

Certain types of contingencies neither need to be accrued nor disclosed in the notes to the financial statements.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q134: On January 1<sup>st</sup>, 2010, ABC Inc.,

Q135: Which of the following loss contingencies ordinarily

Q136: Biological assets, Investment Properties and Provisions must

Q137: Where on the statement of financial position

Q138: Retained earnings appropriations are the result of

Q140: Related party transactions, not in the normal

Q141: A corporation had the following account

Q142: Accounts Receivable pledged as collateral must be

Q143: Z corporation owed the following notes payable,

Q144: Non-controlling interest will appear as a component

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines