What is a contingent liability

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Reference no: EM131819660

Question: 1. What are the two main controls for payroll? Provide an example of each.

2. When do businesses record warranty expense, and why?

3. What is a contingent liability? Provide some examples of contingencies.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131819660

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