Typically all of the following liabilities represent difficult and subjective estimates except?
A)Deferred compensation.
B)Accrued wages.
C)Pension obligation.
D)Warranties.

Question

Quizplus · Accepted Answer

Accrued wages are typically straightforward and based on actual hours worked and agreed-upon wage rates, making them less subjective compared to other liabilities like deferred compensation, pension obligations, and warranties, which involve more estimation and judgment.

Typically All of the Following Liabilities Represent Difficult and Subjective