Which of the following is true of a contingent liability? a. it is a potential liability that depends on a future event. b. it is an actual liability that is difficult to estimate. c. it is an actual liability that depends on a past event. d. it is a court-imposed liability based on an officer's fraud as decided in a completed lawsuit.

A contingent liability is (A) a potential liability that depends on a future event. A contingency implies that something must occur before something else is triggered. In this case, that something else is the liability. Thus, an event must occur, and when it does, the liability is triggered.

Attend and participate in fall prevention training. just took quiz.

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?