Contingent liabilities pose an ethical challenge because they're based on past events, they are easier to manipulate.

Name: Contingent liabilities pose an ethical challenge because they're based on past events, they are easier to manipulate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Contingent liabilities are based on future events that may or may not happen, which makes their recognition and measurement uncertain, but not necessarily easier to manipulate ethically.

Contingent Liabilities Pose an Ethical Challenge Because They're Based on Past