Examples of Judgments in a sentence
Gain contingencies are not recognized until the contingency has been resolved and amounts are received or receivable.b) Allowance for impairment of financial asset: Judgments are required in assessing the recoverability of overdue loans and determining whether a provision against those loans is required.
Judgments In the process of applying the Company’s accounting policies, management has made the following judgments which have the most significant effect on the amounts recognized in the interim condensed consolidated financial statements: Functional currencies The functional currency of an entity is the currency of the primary economic environment in which the entity operates.
CSHB 2122 ON SECOND READING (by Clardy) CSHB 2122, A bill to be entitled An Act relating to the adoption of the Uniform Foreign-Country Money Judgments Recognition Act.
Judgments are made as to whether future taxable profits will be available in order to recognize deferred tax assets.
City of New York, 115 A.D.3d 897, 898, 983 N.Y.S.2d 61, 63 (2014).If a corporation is closely held, “the judgment in an action by or against the holder of ownership in the corporation is conclusive upon the corporation except when re-litigation of the issue is justified in order to protect the interest of another owner or a creditor of the corporation.” Restatement (Second) of Judgments § 59 (1982); see Specialty Rest.