Contingency: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
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Revision as of 20:53, 10 September 2022
1. Financial reporting - business planning.
Any uncertain future event.
2. Business planning.
An uncertain future event that is expected to have a negative impact if it were to occur.
3. Financial management.
An amount of money set aside to deal with the potential negative impact of an uncertain future event.