Liable example sentences

They are prepared to provide adequate, reliable and periodical information about economic resources and obligations of a business firm to investors and other external parties who have limited authority, ability or resources to obtain information.It is not sufficient that the financial information is relevant and reliable at a particular time, in a particular circumstance or for a particular reporting entity.Hence, a balance sheet is more reliable than a statement of affairs.We have little reliable information about his life.The machines have to be made reliable in their operations.Yet because the packages were eventually recovered, neither insurance nor the airlines was liable.The accounts maintained under this system are incomplete and unsystematic and therefore, not reliable.The market value basis, on the other hand, is not reliable as the value of an asset may change from time to time, making the comparisons between one period to another rather difficult.Scientists, before collecting the reliable data on the new element, at times get tempted to claim for its discovery.It must be ensured that the information provided is relevant, adequate and reliable for decision-making.All these people look forward to accounting for appropriate, useful and reliable information.However, one should be careful in dealing with them, as the products they deal in are not always reliable in terms of quality and price.A typical village has no reliable electricity and has antiquated telephone lines.Broadly speaking, unless a systematic approach to maintenance of records is followed, reliable financial statements cannot be prepared.New companies generally find it difficult to raise funds through public deposits; It is an unreliable source of finance as the public may not respond when the company needs money; Collection of public deposits may prove difficult, particularly when the size of deposits required is large.