Contingent liabilities can also be called doubtful liabilities.

Contingent liabilities can also be called doubtful liabilities.
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State whether the following statement are true or false with reason : Contingent liabilities can also be called doubtful liabilities.
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Description : Indian Accounting Standard – 28 is related to– (A) Accounting for taxes on income (B) Financial Reporting of Interests in Joint Venture (C) Impairment of Assets (D) Provisions, Contingent Liabilities and Contingent Assets

Last Answer : Answer: Impairment of Assets

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Description : The debts which are to be repaid within a short period (a year or less) are referred to as, A) Current Liabilities B) Fixed liabilities C) Contingent liabilities D) All the above

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Description : Which one of the following contingent fee is allowed? a. All services performed by a CPA film. b. Non-attestation services. c. Non-attestation services, unless the CPA firm was also performing attestation services for the same client. d. Attestation services

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Which one of the following contingent fee is allowed? a. All services performed by a CPA firm. b. Non-attestation services. c. Non-attestation services, unless the CPA firm was also performing attestation services for the same client. d. Attestation services

Description : Which one of the following contingent fee is allowed? a. All services performed by a CPA firm. b. Non-attestation services. c. Non-attestation services, unless the CPA firm was also performing attestation services for the same client. d. Attestation services

Last Answer : Non-attestation services, unless the CPA firm was also performing attestation services for the same client.

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It will be a tough year of transition for the Tampa Bay Buccaneers with the loss of a coach, many key players & two star running backs doubtful. What strategies do they need to implement to have a successful 2009 season in the NFC South?

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Last Answer : They need to find a franchise quarterback. They’ve been having quarterback carousels/controversies for as long as I can remember.

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Description : what's eating edges of my staghorn fern? Possible but doubtful it's scale & nothing else visible

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Description : Knowledge about the- existence of which animal is doubtful in the Indus VaElley Civilization? -Do You Know?

Last Answer : answer:

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Description : What is the prefix of doubtful?

Last Answer : doubtful does not have a prefix. It does, however, have a suffix ('-ful').

What is the mood of a verb used in subordinate clauses to show a doubtful or nonfactual condition?

Description : What is the mood of a verb used in subordinate clauses to show a doubtful or nonfactual condition?

Last Answer : Feel Free to Answer

Knowledge about the- existence of which animal is doubtful in the Indus VaElley Civilization?

Description : Knowledge about the- existence of which animal is doubtful in the Indus VaElley Civilization?

Last Answer : Cat

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Description : In all cases in which judgment is given that a person is guilty of one of several  offences specified in the judgment, but that it is doubtful of which of these offences he is  guilty, the offender ... subject to the discretion of the court as to the quantum of  reduction d) None of the above

Last Answer : a) For which the lowest punishment is provided if the same punishment is not provided for all

The debt which can never be recovered is a / an 1. dead debt 2. forgotten debt 3. bad debt 4. doubtful debt 5. None of these

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Last Answer : bad debt

If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

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Last Answer : E. confirmed

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Description : Provision for discount on debtors is calculated on the amount of debtors. a) Before deducting provision for doubtful debts. b)After deducting provision for doubtful debts. c) Before deducting actual debts and provision for doubtful debts. d) After adding actual bad and doubtful debts.

Last Answer : b)After deducting provision for doubtful debts.

Accumulated profits include: A. Provision for doubtful debts B. Superannuation fund C. Workmen's compensation fund. D. Provision for Tax

Description : Accumulated profits include: A. Provision for doubtful debts B. Superannuation fund C. Workmen's compensation fund. D. Provision for Tax

Last Answer : C. Workmen's compensation fund.

If the particular proposition of a subaltern relation is true, the truth-value of the universal proposition is A) true B) false C) both true and false D) doubtful.

Description : If the particular proposition of a subaltern relation is true, the truth-value of the universal proposition is A) true B) false C) both true and false D) doubtful. 

Last Answer : D) doubtful.  

If the particular proposition of a subaltern relation is false its corresponding universal proposition will be_______. A) true B) false C) both true and false D) doubtful.

Description : If the particular proposition of a subaltern relation is false its corresponding universal proposition will be_______. A) true B) false C) both true and false D) doubtful. 

Last Answer : B) false 

Between subalterns if the universal is true the particular is A) true B) false C) doubtful D) both true and false.

Description : Between subalterns if the universal is true the particular is A) true B) false C) doubtful D) both true and false. 

Last Answer : A) true 

Of two sub-contraries if one is true the other is ________. A) true B) false C) doubtful D) neither true nor false

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Last Answer :  C) doubtful

Of two sub-contraries if one is false the other is necessarily______ A) true B) false C) doubtful D) neither true nor false.

Description : Of two sub-contraries if one is false the other is necessarily______ A) true B) false C) doubtful D) neither true nor false. 

Last Answer :  A) true

Contrary propositions cannot both be ________. A) true B) false C) true and false D) doubtful

Description : Contrary propositions cannot both be ________. A) true B) false C) true and false D) doubtful 

Last Answer : A) true

If one of the contradictories is true the other must be _______. A) true B) false C) doubtful D) neither true nor false

Description : If one of the contradictories is true the other must be _______. A) true B) false C) doubtful D) neither true nor false

Last Answer : B) false 

If one of the contraries is false the truth-value of the other is A) true B) false C) doubtful D) neither true nor false.

Description :  If one of the contraries is false the truth-value of the other is A) true B) false C) doubtful D) neither true nor false. 

Last Answer : C) doubtful 

If the proposition “Vegetarians are not meat eaters” is false, then which of the following inferences is correct ? Choose from the codes given below : 1. “Some vegetarians are meat eaters” is true. 2. “All vegetarians are meat eaters” is doubtful. 3. “Some vegetarians are not meat eaters” is true. 4. “Some vegetarians are not meat eaters” is doubtful. Codes: (A) 1, 2 and 3 (B) 2, 3 and 4 (C) 1, 3 and 4 (D) 1, 2 and 4

Description : If the proposition Vegetarians are not meat eaters is false, then which of the following inferences is correct ? Choose from the codes given below : 1. Some vegetarians are meat eaters is true. 2. All vegetarians are meat eaters is ... , 2 and 3 (B) 2, 3 and 4 (C) 1, 3 and 4 (D) 1, 2 and 4

Last Answer : (A) 1, 2 and 3

Assertion (A): The coin when flipped next time will come up tails. Reason (R): Because the coin was flipped five times in a row, and each time it came up heads. Choose the correct answer from below: (A) Both (A) and (R) are true, and (R) is the correct explanation of (A). (B) Both (A) and (R) are false, and (R) is the correct explanation of (A). (C) (A) is doubtful, (R) is true, and (R) is not the correct explanation of (A). (D) (A) is doubtful, (R) is false, and (R) is the correct explanation of (A).

Description : Assertion (A): The coin when flipped next time will come up tails. Reason (R): Because the coin was flipped five times in a row, and each time it came up heads. Choose the correct answer from below: (A) Both (A ... A). (D) (A) is doubtful, (R) is false, and (R) is the correct explanation of (A).

Last Answer : (C) (A) is doubtful, (R) is true, and (R) is not the correct explanation of (A).

The delivery of goods by one person to another for some purpose, upon a contract and that they shall, when the purpose is accomplished, be returned or otherwise disposed of by accounting to the directions of the person delivering them, then it is called: A. Contingent contract B. Bailment C. Pledge D. Contract of indemnity

Description : The delivery of goods by one person to another for some purpose, upon a contract and that they shall, when the purpose is accomplished, be returned or otherwise disposed of by accounting to the ... then it is called: A. Contingent contract B. Bailment C. Pledge D. Contract of indemnity

Last Answer : B. Bailment

The Bailment of goods as security for payment of a debt or performance of a promise is called: A. Pledge B. Bailment C. Contingent contract D. Agreement

Description : The Bailment of goods as security for payment of a debt or performance of a promise is called: A. Pledge B. Bailment C. Contingent contract D. Agreement

Last Answer : A. Pledge

Is the veracity of a statement contingent on the veracity of the converse of said statement?

Description : Is the veracity of a statement contingent on the veracity of the converse of said statement?

Last Answer : Your mom goes to college.

3. An army contingent of 616 members is to march behind an army band of 32 members in a parade. The two groups are to march in the same number of columns. What is the maximum number of columns in which they can march? -Maths 10th

Description : 3. An army contingent of 616 members is to march behind an army band of 32 members in a parade. The two groups are to march in the same number of columns. What is the maximum number of columns in which they can march? -Maths 10th

Last Answer : Given, Number of army contingent members=616 Number of army band members = 32 If the two groups have to march in the same column, we have to find out the highest common factor between the two groups. HCF(616, ... HCF (616, 32) = 8. Hence, the maximum number of columns in which they can march is 8.

A ____________ liability is an uncertain liability. (a) Long term (b) Contingent (c) Current (d) Fixed

Description : A ____________ liability is an uncertain liability. (a) Long term (b) Contingent (c) Current (d) Fixed

Last Answer : A ____________ liability is an uncertain liability. (a) Long term (b) Contingent (c) Current (d) Fixed

Revenue expenditure is ____________ in nature. (a) capital (b) outstanding (c) recurring (d) contingent

Description : Revenue expenditure is ____________ in nature. (a) capital (b) outstanding (c) recurring (d) contingent

Last Answer : Revenue expenditure is ____________ in nature. (a) capital (b) outstanding (c) recurring (d) contingent

If my insurance company denies a claim in bad faith, will I actually receive a decent amount once the attorney gets his contingent fee?

Description : If my insurance company denies a claim in bad faith, will I actually receive a decent amount once the attorney gets his contingent fee?

Last Answer : yes you will get the decent amount after the attorney took his contingent ffes. you will get the good amount

The contingent crop plan suggested when long gap in rainfall

Description : The contingent crop plan suggested when long gap in rainfall

Last Answer : Ans.Providing life saving irrigation only at critical growth stages

A project whose acceptance precludes the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project. D. a contingent project.

Description : A project whose acceptance precludes the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project. D. a contingent project.

Last Answer : A. a mutually exclusive project.

A project whose acceptance requires the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project E. none of the above

Description : A project whose acceptance requires the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project E. none of the above

Last Answer : A. a mutually exclusive project.

A project whose acceptance precludes the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project

Description : A project whose acceptance precludes the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project

Last Answer : C. a dependent project

A project whose acceptance requires the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project E. none of the above

Description : A project whose acceptance requires the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project E. none of the above

Last Answer : A. a mutually exclusive project.

A project whose acceptance precludes the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project

Description : A project whose acceptance precludes the acceptance of one or more alternative projects is referred to as . A. a mutually exclusive project. B. an independent project. C. a dependent project D. a contingent project

Last Answer : C. a dependent project

Examples of circumstances that may create self-interest threat include: a. Contingent fees relating to assurance engagements. b. A direct financial interest or material indirect financial interest in an assurance client. c. A loan or guarantee to or from an assurance client or any of its directors or officers. d. All of the above

Description : Examples of circumstances that may create self-interest threat include: a. Contingent fees relating to assurance engagements. b. A direct financial interest or material indirect financial interest in an assurance ... an assurance client or any of its directors or officers. d. All of the above

Last Answer : All of the above

A member in public practice may perform for a contingent fee any professional services for a client for whom the member or member's firm performs a. An audit. b. A review. c. A compilation used only by management. d. An audit of prospective financial information

Description : A member in public practice may perform for a contingent fee any professional services for a client for whom the member or member's firm performs a. An audit. b. A review. c. A compilation used only by management. d. An audit of prospective financial information

Last Answer : A compilation used only by management.

Examples of circumstances that may create self-interest threat include: a. Contingent fees relating to assurance engagements. b. A direct financial interest or material indirect financial interest in an assurance client. c. A loan or guarantee to or from an assurance client or any of its directors or officers. d. All of the above

Description : Examples of circumstances that may create self-interest threat include: a. Contingent fees relating to assurance engagements. b. A direct financial interest or material indirect financial interest in an assurance ... an assurance client or any of its directors or officers. d. All of the above

Last Answer : All of the above

Which of the following activities is not prohibited for the CPA firm's attestation service clients? a. Referral fees on audit jobs. b. Competitive bidding on audit jobs. c. Contingent fees on audit jobs. d. Commissions for obtaining client services on audit jobs

Description : Which of the following activities is not prohibited for the CPA firm's attestation service clients? a. Referral fees on audit jobs. b. Competitive bidding on audit jobs. c. Contingent fees on audit jobs. d. Commissions for obtaining client services on audit jobs

Last Answer : Competitive bidding on audit jobs

Which of the following activities is not prohibited for the CPA firm's attestation service clients? a. Competitive bidding on audit jobs. b. Contingent fees on audit jobs. c. Commissions for obtaining client services on audit jobs. d. Referral fees on audit jobs.

Description : Which of the following activities is not prohibited for the CPA firm's attestation service clients? a. Competitive bidding on audit jobs. b. Contingent fees on audit jobs. c. Commissions for obtaining client services on audit jobs. d. Referral fees on audit jobs.

Last Answer : Competitive bidding on audit jobs

A member in public practice may perform for a contingent fee any professional services for a client for whom the member or member's firm performs a. An auditb. A review. c. A compilation used only by management. d. An audit of prospective financial information..

Description : A member in public practice may perform for a contingent fee any professional services for a client for whom the member or member's firm performs a. An audit. b. A review. c. A compilation used only by management. d. An audit of prospective financial information.

Last Answer : A compilation used only by management.

Contingent fees charged by CPAs engaged in tax practice are permitted under the rules of professional conduct because: a. This practice establishes fees which are commensurate with the value of the services. b. Attorneys in tax practice customarily set contingent fees. c. Determination by taxing authorities are a matter of judicial proceedings which do not involve third parties. d. The consequences are based upon findings of judicial proceedings or the findings of tax authorities

Description : Contingent fees charged by CPAs engaged in tax practice are permitted under the rules of professional conduct because: a. This practice establishes fees which are commensurate with the value of ... . The consequences are based upon findings of judicial proceedings or the findings of tax authorities

Last Answer : The consequences are based upon findings of judicial proceedings or the findings of tax authorities

Which of the following acts of the CPA would be most likely a violation of the Code of Ethics? a. Assisting a client in preparing a financial forecast. b. Acting as auditor of a non-charitable organization with audit client serving as president. c. Accepting a fee in a tax matter that is contingent upon the result of an administrative proceeding. d. Having an immaterial loan to the president of an audit

Description : Which of the following acts of the CPA would be most likely a violation of the Code of Ethics? a. Assisting a client in preparing a financial forecast. b. Acting as auditor of a non- ... upon the result of an administrative proceeding. d. Having an immaterial loan to the president of an audit

Last Answer : Having an immaterial loan to the president of an audit

The divisional supdt may sanction up tot Rs ___ in each case, non-recurring contingent expenditure, powers for which are not provided for specifically a) 5000/- b) 1500/- c) 4000/- d) 2500/

Description : The divisional supdt may sanction up tot Rs ___ in each case, non-recurring contingent expenditure, powers for which are not provided for specifically a) 5000/- b) 1500/- c) 4000/- d) 2500/

Last Answer : a) 5000/

Tr 29 denotes a. cash Book b . Contingent register c. HO Summary

Description : Tr 29 denotes a. cash Book b . Contingent register c. HO Summary

Last Answer : b . Contingent register