Question
Which of the following is not considered as a Current
Liability?Solution
Contingent liabilities are potential obligations that may arise depending on the outcome of future events. They are not actual liabilities until a certain event occurs, and their recognition depends on the probability of the event happening. Contingent liabilities are disclosed in the financial statements but are not recognized as current liabilities.
How do you typically handle conflicts or disagreements with others?
How important is honesty and transparency in your relationships with others?
How do you typically handle criticism or negative feedback?
How do you handle conflicts with others?
Are you a naturally organized person?
How do you handle situations where your values or beliefs conflict with those of your employer or organization?
How do you approach conflicts with others?
Are you more of an introvert or an extrovert?
How do you typically handle stressful situations?
How often do you prioritize the needs of others over your own needs?
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