A contingent item that may eventually be placed on the right-hand side of the balance sheet or expensed on the income st

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answerhappygod
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A contingent item that may eventually be placed on the right-hand side of the balance sheet or expensed on the income st

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A contingent item that may eventually be placed on the
right-hand side of the balance sheet or expensed on the income
statement is a(n):
Multiple Choice
loan commitment.
off-balance-sheet liability.
off-balance-sheet asset.
net charge-off.
loan sold without recourse.
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