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Contingent cost is that cost the value of which remains unknown until some specific event happens in future and after the occurrence of specific event the cost which was contingent becomes clear.

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11y ago

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Is Mortgage a contigent liability?

no


How is treasury bond shown on a balance sheet?

contigent liability


Which of these makes contigent workers an advantage to an employer?

the employer does not have to pay fringe benefits


What is the meaning of contigent liability?

I liability that may be incurred depending upon future event(s) Example- let there is a claim on a company existence of that liability is depends on decision of court so existence of that liability is uncertain so we can say that contigent liability is that liability which may occur or may not. ..


Can you get hired before you drug test results come in?

nope. employment is contigent upon you passing the drug test.


What is contigent liabilites?

1. Contingent liability is a liability the occurance or some information of which is dependable on the occurance of any future incidend until that liability is not confirmed


What contigent rent?

Contingent rent refers to rent that is not a fixed amount. The rent amount for a particular period will depend on the amount of revenue that the tenant had during that period of time.


Where contigent liabilites are shown in balance sheet?

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Can you leave 50 percent to the primary beneficiary and 50 percent to the contigent beneficiary?

Yes. But you are using the wrong terms. You can leave 50% to each of two beneficiaries. The second will no longer be called the "contingent" beneficiary.


What is contigency underwriting?

I'm not an underwriter, or agent (an adjuster), but think this means they are/will bind the policy 'contigent' on getting the rest of the underwriting history completed, and 'contigent' on that, and everything on the application being correct, or within their underwriting rules.


What is the meaning of contigency?

I liability that may be incurred depending upon future event(s) Example- let there is a claim on a company existence of that liability is depends on decision of court so existence of that liability is uncertain so we can say that contigent liability is that liability which may occur or may not. ..


Which Caribbean port city was largely destroyed by a cataclysmic earthquake in June of 1962 leaving a hefty contigent of pirates to find another refuge and base of operations?

The city in question is Port Royal in Jamaica. Following the earthquake, the city sank into the sea, and a large portion of its population moved to Kingston to continue their pirate activities.