What does the word "Contingent" signify?

Choose the correct answer

Explanation

The term "Contingent" refers to something that is dependent on certain conditions, meaning it is possible but not certain (A), and also can imply doubt or uncertainty (B). Therefore, both A and B accurately describe the meaning, making option C the correct choice.

What does the word "Contingent" signify? — Accounting Mcqs | PakQuizHub