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When outflow of economic resources to settle an obligation is not probable or the amount expected to be paid to settle the liability cannot be measured with sufficient reliability, it is called__________a)Provisionb)Secured Loanc)Contingent liabilityd)Unsecured LoanCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When outflow of economic resources to settle an obligation is not probable or the amount expected to be paid to settle the liability cannot be measured with sufficient reliability, it is called__________a)Provisionb)Secured Loanc)Contingent liabilityd)Unsecured LoanCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When outflow of economic resources to settle an obligation is not probable or the amount expected to be paid to settle the liability cannot be measured with sufficient reliability, it is called__________a)Provisionb)Secured Loanc)Contingent liabilityd)Unsecured LoanCorrect answer is option 'B'. Can you explain this answer?.

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