Principles of Financial Accounting · 免费预览
或有负债：确认与披露不确定性之别
或有负债是指一种潜在义务，其确认取决于两项测试：损失发生的可能性以及金额能否估计。可能发生且能够估计的损失予以确认，可能发生的损失予以披露，可能性极低的损失则不予处理。
1. Defining the contingency
Defining the contingency
2. Warranties as the workhorse example
Warranties as the workhorse example
3. Lawsuits and the judgment zones
Lawsuits and the judgment zones
4. Guarantees and other quiet contingencies
Guarantees and other quiet contingencies
5. Two tests named
Which two tests decide whether a contingent liability is recorded?
6. Warranty computation
A company sells 10,000 units, expects 2 percent to need repair, and estimates average repair cost of 40 dollars. What warranty amount is recorded in the year of sale?
7. Possible lawsuit treatment
Legal counsel assesses a pending lawsuit as possible, with damages between 1 and 3 million dollars if the company loses. What does GAAP require?
8. Warranty liability clearing
A company recorded an 8,000 dollar warranty liability last year. This year customers claim repairs costing 5,500 dollars, all paid. Which entry records the repairs?
9. Warranty rate inputs
Expected warranty cost equals units sold times the ____ rate times average repair cost. One word.
10. Remote contingency handling
A contingency assessed as remote is neither recorded nor ____. One word.