Business, 13.01.2021 17:10 sriggins917

Which of the following statements regarding uncertainty in liabilities is not correct? Group of answer choices Liabilities can involve uncertainty in whom to pay. A company can have an obligation of a known amount to a known creditor, but not know when it must be paid. A company can only record a liability when it knows whom to pay, when to pay, and how much to pay. A company can be aware of an obligation, but not know how much will be required to settle it.

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Which of the following statements regarding uncertainty in liabilities is not correct? Group of answ...

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