when a contingent event that may give rise to a future loss is likely to occur, it is said to be

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Answer 1

When a contingent event that may give rise to a future loss is likely to occur, it is said to be contingent liability.

A contingent liability is a possible loss that could arise due to an event in the future. Such losses are regarded as probable losses or could also be said to be reasonably possible losses

Examples of  contingent liability that has the probability of happening in the future is a lawsuit or the warranties from a product.

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Related Questions

Drag the tiles to the correct boxes to complete the pairs.
Project manager Derek has identified some challenges in IS Implementation. Match the challenge with the result of each challenge.
end user resistance
project completion constraints
quality issues
lack of documentation
decreases efficiency in organizations
causes difficulty in implementing is
leads to rework at the implementation stage
Increases project scope and leads to delays in projects
dmentum. All rights reserved.

Answers

The challenge matched with its results are given as follows:

end user resistance - decreases efficiency in organizationsproject completion constraints - leads to rework at the implementation stagequality issues -  causes difficulty in implementing ISlack of documentation -  increases project scope and leads to delays in projects.

What is end-user resistance?

End-user resistance is a multifaceted phenomenon. It can take many forms, including sabotage of computer equipment, staff absences or tardiness, "badmouthing" of systems, not using the systems, or continuing to use the old system.

In other words, user resistance is described as an individual's behavioral behaviors expressing aversion to a circumstance seen as unfavorable, threatening, or stressful. A tiered model of information technology implementation resistance.

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Name at least 4 management skills which you think you already have. Justify your answer and identify ways on how you could further develop your chosen management skills.​

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Answer:

Hello there,

I'll answer based on myself,

The management skills I think I have are;

Planning, To achieve my goals, planning is an essential skill that I must have. Short term and long term goals need planning to be achieved and the short term goals like assignment completion and helping with chores at home must be done within a scope of at most a week and not more. And long term goals are ongoing and the fast they can be achieved within a year is more favourable. By continuous planning I gain more experience when my plans don't give. I usually ask my parents, teachers and experts on my plans to further better them. Decision making; With decision making, planning is much easier because I get to choose the best choice out of many layouts of plans I have. Deciding on my priorities is best way to figure out the best plans. This is usually based on past experience to make it better and ask help from parents and teachers. Delegation; This is most evident in my duties at school as a leader and assigning work in projects. It's not that some duties can't be performed by me but delegation is superb when a single person can concentrate on allocated tasks in full efficiency. It allows fast error checking and less slacking. I continue to learn this through projects given at school, getting help from parents and older siblings. Communication; I believe the best system works in a clear back to back communication. Good thing the environment am in allows thorough communication. And as a leader, youth, student and a responsible community member communication has been a great tool to make known our strengths and weaknesses. My parents, teachers have cultivated an environment that allows clear channels of communication.

the shape of the product life cycle for the natural and organic confectionary product category indicates a short introductory stage, relatively quick growth stage, and a projected lengthy maturity stage. given this information, justin’s knows it must lock in distribution quickly since competitors will likely be following quickly. what type of products are natural and organic confectionaries?

Answers

Answer:

low-learning products

Traditional stock split definition

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Answer:A traditional stock split is also known as a forward stock split. ... A company that issues a reverse stock split decreases the number of its outstanding shares and increases the share price. Like a forward stock split, the market value of the company after a reverse stock split would remain the same.

Explanation:

Answer:

A traditional stock split is also known as a forward stock split. ... A company that issues a reverse stock split decreases the number of its outstanding shares and increases the share price. Like a forward stock split, the market value of the company after a reverse stock split would remain the same.

Explanation:

I hope this help! :)

what is the cumulative effect of the inventory error on total gross profit for the 2 years?

Answers

Answer:

its lower gross profit under the LIFO then the methode FIFO

Explanation:

future changes in automobile technology are likely to include

Answers

Answer:    Flying cars??

Explanation: Im 99.9% sure it will happen.

who invented the selfie stick what purpose does it serve

Answers

Answer:

In 2005, selfie sticks were invented by Wayne Fromm, and the purpose of the selfie stick was to take photographs or videos by positioning a digital camera device beyond the normal distance of an arm. The device will also allow selfie-takers to affix their phones to a wall and stand away while snapping a picture. After the photo is taken, users will be able to easily remove their phones from the wall without leaving a trace.

Hope it helps you. :)

What is a Selfie

Selfie is a self-portrait picture diverted from the Aussie Language in  Australia

A selfie stick is used to take photographs or videos by positioning a digital camera device, typically a smartphone, beyond the normal range of the arm. This allows for shots to be taken at angles and distances that would not have been possible with the human arm alone.

a device in the form of a rod on which a camera or smartphone may be mounted, enabling the person holding it to take a photograph of themselves from a greater distance than if holding the camera or smartphone in their hand.

Answer:

Who Invented Selfie Stick

Wayne Fromm

What Purpose does The Selfie Stick Serve?

to take photographs or videos by positioning a digital camera device, typically a smartphone, beyond the normal range of the arm.

Answer:

The selfie stick was invented by a Canadian inventor named Wayne Fromm in the early 2000s. The purpose of a selfie stick is to extend the reach of a smartphone or camera so that the user can take a picture of themselves (a selfie) or a group photo with a wider angle without having to ask someone else to take the picture for them.Selfie sticks have become popular since they allow people to capture better photos of themselves with a background they would like to showcase. They are portable, easy to use and can be adjusted to different lengths.

What is a benefit for working in the modern manufacturing industry?

a
Competitive salaries

b
No skills needed for entry-level positions

c
Simple technology that is easy to use

d
Repetitive responsibilities

Answers

Answer:

a. competitive salaries

Competitive salaries are a benefit for working in the modern manufacturing industry. Hence, option A is correct.

What is modern manufacturing industry?

Modern manufacturing industries can be defined as the making of finished goods from raw materials.Workers in the modern work together to solve problems by producing high-quality goods.

Manufacturing is the process of creating new goods from components or raw materials. Automotive businesses, bakeries, shoemakers, and tailors are all examples of manufacturing because they all produce goods rather than provide services.

Boost the effectiveness of your company's systems. Streamline the interactions you have with suppliers and clients. boost the production process's speed, adaptability, and effectiveness. broaden the range of possible outputs.

Thus, option A is correct.

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go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.

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Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.

To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:

Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.

It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.

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when a market allocation of resources maximizes the total surplus received by all members of society we say there is

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Whenever there is maximization of total surplus that is been received by those that are part of society by market allocation of resources then there is market Efficiency.

Economic efficiency can be regarded as economic state whereby there is allocation of resource to serve each individual or entity in way that everyone is satisfied while minimizing waste and inefficiency.

Therefore, When there is  an economy efficiency,  there would be maximization of total surplus.

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I WILL GIVE BRAINLIEST!!!!! THIS IS UP FOR THE MOST AMOUNT OF POINTS POSSIBLE!!!!!!!! ANY FALSE ANSWERS OR LINKS WILL BE REPORTED!!!!! PLEASE HELP ME!!!!!!!!!!
Louise is a marketing administrator at a financial institution. She has spent most of her busy day in meetings. She had a long department team meeting during the first half of the day. After lunch, she had a cross-departmental team meeting, followed by an administrative team meeting.

A. What type of employees were likely present at each of the three meetings? Provide an example of what each meeting might have been about.

B. Louise was assigned as team leader of the cross-departmental team. Since the team involves individuals who are all quite different, what kind of group dynamics should Louise watch out for? What can she do to ensure the team stays productive and motivated?

Answers

Answer:

A. 1. department team

2.  cross-departmental team

3. administrative team

B. Louise needs to pay close attention to the individuals who are all "quite different." Louise must monitor each staff member accordingly to ensure that that team stays productive.

Explanation:

"Plain" and "ordinary meaning" refer to
A. voidable contracts
B. void contracts
C. unenforceable contracts
D. contract interpretation​

Answers

B void contracts

hope it helps

#carry on learning

Answer:

D. contract interpretation

Explanation:

I just took it

one of the tools available for measuring brand equity was developed by young & rubicam. it is called the brand asset valuator. which four consumer perspective dimensions does it use to evaluate a brand’s equity?

Answers

Answer: esteem, differentiation, relevance, knowledge

Explanation:

Brand equity is a measure of the worth of a brand the use of tools and techniques are essential for the development of the brand as per the young & Rubicam.

The perspective dimensions include esteem, differentiation, knowledge, and relevance. The esteem of a brand is the image of the brand and differentiation is the means by which the brand is set apart.  The knowledge of the brand is the customer's understanding of the brand and ability to recall its products. Relevance is the connection of emotions to the brand.

Hence these are tools for measuring brand equity.

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According to the video, the work of Heating and Air Conditioning Mechanics and Installers combines the skills of which workers? Check all that apply. Pump Operators Plumbers Electricians Refrigeration Specialists Power Plant Technicians Hydroelectric Production Managers

Answers

Answer:

B,C,D

Explanation:

Plumbers

Electricians

Refrigeration Specialists

Which of the following is true of disruptive technologies? A. The tech industry is the least fertile ground for disruptive technologies. B. Initially underperforming incumbents, over time their performance attributes improve to the point where they invade established markets. C. They come to market with a set of performance attributes that existing customers have demanded. D. Disruptive technologies and disruptive innovations are independent concepts. E. The term disruptive technologies is a simple one because few technologies are able to create market shocks and catalyze growth.

Answers

The true statement about disruptive technologies is they come to market with a set of performance attributes that existing customers have demanded.

Disruptive technologies are technological advancement that leads to changes in the operations of an industry, market or economy. Examples of disruptive technologies are artificial intelligence, 3d printing, cloud storage and robotics.

The technology industry is a fertile ground for disruptive technologies. This is because most inventions originate from the tech space. Disruptive technologies replace or drive out existing technologies and render them obsolete. The worst hit are underperforming incumbents.

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Write down the steps of the marketing research approach in the correct order.

Answers

Answer:

Explanation:

The Marketing Research Process is comprised of 6 steps: 1: Problem Definition, 2: Development of an Approach to the Problem, 3: Research Design Formulation, 4: Field Work or Data Collection, 5: Data Preparation and Analysis, 6: Report Preparation and Presentation.

which task is carried out by book keeping

Answers

Answer:

Explanation:

Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.

which type of economy is practiced in the united states today?

Answers

Answer:

mixed economy

Explanation:

When communicating a complex idea, what is most important?

Answers

Answer:

You will need to present the information with exciting points and in an organized fashion.

Explanation:

Answer:

You will need to present the information with exciting points and in an organized fashion.

Explanation:

What type of organizational arrangement organizes employees by activity?
a. Hybrid
b. Matrix
c. Divisional
d. Functional​

Answers

Answer:

What is c. Divisional

Explanation:

Divisional Structures. A divisional structure organizes a company's activities into geographical, products, markets or service groups.

Advertising, sales promotion, public relations, and buzz building activities are all ________. A) channels that should be integrated under the concept of integrated marketing communications B) channels focused more on interactive marketing than traditional marketing C) promotional tools used for push strategies but not pull strategies D) promotional tools used for pull strategies but not push strategies

Answers

Answer:

B

Explanation:

Hope it helped you1

On October 25, Yacht Doc received $210,000 for a yacht valued at $190,000 and a service contract to be performed evenly from November through February. During November, the yacht was delivered and 1 month of the service contract was performed. The remaining services are to be performed evenly over the next 3 months. In what month should the service contract be recognized as revenue

Answers

Answer:

5,000 in each month from November to February

Explanation:

210k - 190k = 20k

5k at delivery and the remaining performed over three months. Therefore $5000 per month

5k at delivery, with the remainder completed over three months. From November to February, 5,000 deliveries were made per month at a cost of 210k - 190k = 20k. As a result, $5,000 is earned each month.

What is accounting?Accounting is the process of recording, compiling, and reporting financial transactions to regulatory bodies, auditors, and the IRS.Accounting principles are the rules and regulations that businesses and other organizations must follow when reporting financial data. These guidelines standardize the language and procedures that accountants must use, making financial data analysis easier.The International Financial Reporting Standards are the most widely used set of accounting principles, having been adopted in 166 jurisdictions. The Generally Accepted Accounting Principles (GAAP) are a set of accounting standards that are only used in the United States (GAAP).

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Which statement best describes the relationship between inflation and
savings?
A. As savings grow faster than inflation, the savings will buy less.
B. As inflation increases faster than savings, the savings are worth
less.
O C. As savings grow slower than inflation, the savings will buy more.
D. As inflation decreases faster than savings, the savings are worth
more.

Answers

Answer:

B. AS savings grow fast than inflation, the savings the savings are worth less.

Explanation:

This is because Over time, inflation can reduce the value of your savings, because prices typically go up in the future. This is most noticeable with cash. If you keep $10,000 under your bed, that money may not be able to buy as much 20 years into the future.

The statement that best describes the relationship between inflation and savings is that: As inflation increases faster than savings, the savings are worthless.

What is Inflation?

Inflation can be defined as a decrease in the purchasing power of money that is reflected in a general increase in the prices of goods and services in an economy.

The relationship between inflation and savings can be described as a point where inflation increases faster than savings, the savings would be worthless.

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the ____________________ is based on the prices of merchandise that are exported or imported.

Answers

The International price index is based on the prices of merchandise that are exported or imported.

when is a supplier standards form required to be provided to the beneficiary

Answers

A supplier standards form is required to be provided to the beneficiary when requested by the beneficiary on their authorized representative and upon the fist fill

A Medicare provider is known as a person, facility, or agency that Medicare will pay to give care to Medicare beneficiaries. A Medicare provider could be a home health agency, a hospital. etc.

The supplier standard forms is simply known to be a form of notification that must be given to Medicare part B beneficiary when it is requested as always, upon the first of the Medicare part B item for the patient.

Conclusively, without the use of authorized representative in place of beneficiary when needed, the supplier standard forms will not be issued.

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Question Mode Multiple Choice Question A marketing channel in which multiple segments are owned by the parent company is known as a(n) ______. Multiple choice question. conventional marketing channel independent marketing channel corporate vertical marketing system unified horizontal marketing system

Answers

Answer:

marketing channel....

how does the inventory costing methods affect the income statement when costs tend to rise over time?

Answers

Answer:

Cost of Goods Sold on the income statement differs between the methods causing

Income Tax Expense to differ.

Explanation:

Answer:cost of good sold on the income statement

Explanation:

Which of the following statements demonstrates intrinsic motivation?
a.
I traveled to Mexico to learn about my family's history.
c.
I joined the science club to make my parents happy.
b.
I work extra hours at my boring job to make extra money.
d.
I help out at a bake sale, so that I may recieve a pie afterwards.

Answers

Answer:A
I traveled to Mexico to learn about my family’s history

Answer:

A

Explanation:

with respect to the national saving and investment identity for any country, the quantity of _______________ at any given time by savings must ________________ for purposes of making investments.

Answers

With respect to the national saving and investment identity for any country, the quantity of foreign aid supplied at any given time by savings must be lower than the quantity of domestic aid demanded for purposes of making investments.

The foreign aid supplied can be referred to as export while the domestic aid demanded is referred to as the Import. Any nation which takes its economy very serious will always ensure that the Export is more than the Import.

This is to ensure that the nation is able to save and invest as a result of the high gross domestic product it possesses as a result of its sales of goods and services being more than its spending.

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What else can a digital wallet be used for?

Answers

Answer:

Explanation:

Digital wallets can be used in conjunction with mobile payment systems, which allow customers to pay for purchases with their smartphones. A digital wallet can also be used to store loyalty card information and digital coupons.

Other Questions
2. Why we reduce a map? *HELPWhat is the aspect ratio of a sheet of paper with the following dimensions:20-inches x 8-inchesRound your answer to the nearest tenth. Alcoholism is a disease in which a person has a physical and mental need for alcoholQuestion 10 options: a) True b) False a ship invented by the portuguese that made it possible to travel long distances acetylcholinesterase gives the command that causes myscles to contract, acetylchline makes sure the message nly goes through once. ttrue or false please answer the question Can someone let me know how to work these out. I dont want the answer i want the method please!! Read this story to answer question.The American colonies had accomplished an amazing success. Angry about their treatment by the British government, the colonists had protested and then revolted. After winning the Revolutionary War against England, they had formed a new country: the United States of America.During the war, the Continental Congress had formed a government under the Articles of Confederation. This document served as the first constitution of the United States. Because of their experiences with the British government, the colonists had limited the power of the United States central government under the Articles. After the war, however, many people realized that the government had too little power. It could not collect taxes or regulate trade. There was no executive to enforce laws and no court system to make sure laws were fair. The countrys leaders realized the United States needed a new plan of government.Respected people, or delegates, from all the colonies except for Rhode Island met in Philadelphia in 1787 to create a new constitution. For four months the delegates discussed problems and solutionsin secret so that no one would influence the decisions. Finally, in September 1787, they completed the writing of the United States Constitution. The next step was to get the document ratified, or approved, by nine of the thirteen states. That task was not easy.When Americans learned the specifics of the Constitution, two groups formed. People who supported the strong government created by the Constitution were called Federalists. People who worried that the government would be too powerful were called Anti-Federalists. As the states prepared to ratify the Constitution, these two groups worked hard to get people to join their side. Leaders of the Federalists wrote a series of essays published throughout the country. They urged the states to ratify the Constitution without any amendments. Meanwhile, the Anti-Federalists wanted to make sure that peoples rights were protected against the government. It soon became clear that some statesespecially big states such as Massachusetts, New York, and Virginiawere not ready to adopt the Constitution.What were the rights that the Anti-Federalists wanted to protect? The list included the right to speak freely, to worship freely, to have fair searches, and to have a trial by jury. These were all rights that the British government had ignored before the Revolution. Federalists claimed that those rights were protected even though they were not specifically listed. After more than two years of discussions, James Madison proposed amendments, or additions, to the Constitution that would protect a citizens rights. What were the rights that the Anti-Federalists wanted to protect? The list included the right to speak freely, to worship freely, to have fair searches, and to have a trial by jury. These were all rights that the British government had ignored before the Revolution. Federalists claimed that those rights were protected even though they were not specifically listed. After more than two years of discussions, James Madison proposed amendments, or additions, to the Constitution that would protect a citizens rights.The House of Representatives passed seventeen amendments on August 24, and the Senate consolidated them into twelve amendments. The Senate passed them on September 9. In order for the amendments to become law, however, the states also had to approve them. Congress sent the amendments to the states on September 25. The states approved ten of the twelve amendmentsknown as the Bill of Rightson December 15, 1791. The United States had a new government plan that allowed it to become not only the most powerful nation in the world but also the greatest protector of human rights. Select two sentences which demonstrate that it was difficult to get states to ratify the Constitution.Question 1 options:"Because of their experiences with the British government, the colonists had limited the power of the United States central government under the Articles.""After more than two years of discussions, James Madison proposed amendments, or additions, to the Constitution that would protect a citizen's rights.""It soon became clear that some statesespecially big states such as Massachusetts, New York, and Virginiawere not ready to adopt the Constitution.""Respected people, or delegates, from all the colonies except for Rhode Island met in Philadelphia in 1787 to create a new constitution.""The list included the right to speak freely, to worship freely, to have fair searches, and to have a trial by jury." The Sumerians mainly used cuneiform towrite decrees and challenges to other kingdoms.Bkeep track of taxes and government issues.write the world's first dramas and comedies.Dcreate complex drawings and love poems. Read these sentences from the text. By afternoon, his stomach was growling loudly, so he sat down in a nearby field to eat his lunch. The warm sun stroking his cheek and the soft breeze whispering in his ears made him drowsy. What does the phrase "warm sun stroking his cheek and the soft breeze whispering in his ears" mean? 0 A. Someone was touching the prince's head while he was sleeping B. The sun and breeze were especially strong that afternoon. C. The sun and breeze were both like a gentle person. D. The prince was not used to sleeping outside. can some one tell the answer asap what is the relation ship between the availabilty of resources and human population growth PLEASE HELP ASAP I WILL GIVE U A LOT OF POINTS AND BRAINLIEST :D the green color of leaves is evidence that green light is: What is the equation of a line that passes through the points (6,-4) and (1,6) Directions:Classify the following polynomials by degree and number of terms.ANYONE PLEASE HELP ME WITH MY QUESTIONS 2 AND 3 I REALLY NEED THE ANSWER RIGHT NOW BECAUSE I HAVE TO PASS THIS LATER I HOPE YALL CAN HELP ME:(ILL MARK BRAINLIEST FOR THOSE WHO CAN ANSWER IT CORRECTLY! During respiration, oxygen will combine with haemoglobin to form a new substance. Write down the word equation for this reaction in the space below verify it as fast as you can 2. Service industries contributed to a growing (blank) class A rectangular painting's width is 2 inches more than twiceits length. The perimeter is 40 in. Find the dimensions. A student is analyzing data that compare the change in the total number of wading bird nests in the Everglades to the change in rainfall. Wading birds feed primarily on fish. Fewer nests were observed in dry years than wet years. What is a reasonable inference about the relationship between wading bird reproductive success and water depth in the Everglades?