Contingent liabilities are recorded in:
Contingent liabilities are potential liabilities that may or may not occur, depending on the outcome of a future event. These liabilities are not recorded on the balance sheet as they are not certain or definite, but they are disclosed in the notes to accounts section to provide relevant information to the stakeholders of the company.
Break the bank
The difficulty is trying to spot something big before it becomes a problem but not crying bee too often.
Select the most appropriate meaning of the given idiom.
Eat one’s words
Fill in the blank given below using the correct idiom.
The actor's sudden outburst during the interview was _______________ and left the audi...
running around like a headless chicken
Fill in the blank given below using the correct idiom.
After months of training, the athletes were determined to _______________ and win the...
The aged employees were offered a golden handshake by the management.
Modify (something) to suit a particular individual or task.
The bee’s knees
Fill in the blank given below using the correct idiom.
Despite their differences, the two colleagues managed to _______________ and collabo...
