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Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation, is termed as :a)Provisionb)Liabilityc)Contingent Liabilityd)None of the aboveCorrect answer is option 'A'. 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 Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation, is termed as :a)Provisionb)Liabilityc)Contingent Liabilityd)None of the aboveCorrect answer is option 'A'. 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 Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation, is termed as :a)Provisionb)Liabilityc)Contingent Liabilityd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.

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