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sanjay kumar

· started a discussion

· 1 Months ago

plz see carefully this whole question paper (Question: 337598.0 )

and provide appropriate answers and solutions to required questions.. thanks

Question:

Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation, is termed as ________

Options:
A)

Provision

B)

Liability

C)

Contingent liability

D)

Reserve

Solution:

Ans: (d)

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