More cards in this set

Card 6

Front

State how a company would deal with a Contingent Liability which is possible but unlikely.

Back

Preview of the front of card 6

Card 7

Front

What regulations must accountants observe when preparing financial statements for publication?

Back

Preview of the front of card 7

Card 8

Front

State how a company should deal with a contingent liability which is probable.

Back

Preview of the front of card 8