Debt guarantees are not disclosed because the guarantor is not the primary debtor.
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Q8: A contingent liability is a potential obligation
Q9: Payroll taxes are considered to be contingent
Q9: Known liabilities are obligations set by agreements,
Q10: When companies pay the government collected sales
Q11: A liability is a probable future payment
Q12: Uncertainties from the development of new competing
Q13: A single liability can be divided between
Q17: A company can have a liability even
Q17: Accounting for contingent liabilities covers three possibilities:
Q19: A lawsuit is an example of a
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