Determinable liabilities involve no uncertainty about all of the following except
A) the existence of the liability.
B) the amount of the liability.
C) the eventual payment of the liability.
D) all of the above involve no uncertainty with respect to the determinable liability.

Question

Quizplus · Accepted Answer

Determinable liabilities involve no uncertainty about the existence, amount, and eventual payment, so all of the options listed involve no uncertainty with respect to determinable liabilities.

Determinable Liabilities Involve No Uncertainty About All of the Following