Q.

Which of the following is the example of contingencies?

A. Compulsory acquisition of part of land of the company by the Government
B. A suit filed by the employee against the company
C. A debtor of the company is declared insolvent, resulting in bad debts to the company
D. All of (a), (b) and (c) above.
Answer» D. All of (a), (b) and (c) above.
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