Accountancy, asked by smart124, 1 year ago

Different types of provisions in accounting what is restructuring liability ?

Answers

Answered by sinhaaryan1303
0

Liability may refer to:

Contents

1 Law

2 Finance

3 Arts and media

3.1 Film

3.2 Music

Law

Legal liability, in both civil and criminal law

Public liability, part of the law of tort which focuses on civil wrongs

Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause.

Professional liability for one´s professional acts, as in professional liability insurance

Finance

Liability (financial accounting), a current obligation of an entity arising from past transactions or events

Accrued liabilities and contingent liability

Current liability, obligations that will be settled by current assets or by the creation of new current liabilities

Long-term liabilities, liabilities with a future benefit over a certain period of time (eg. longer than two months)

Arts and media

Film

The Liability, a 2013 film

Music

Liability (album), a 2015 album by Prof

"Liability" (song), a song by Lorde from the 2017 album Melodrama

"Liability", a song by Fufanu from the 2017 album Sports

"Liability", a song by The Juliana Theory from the 2001 EP Music from Another Room....

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