Monday, 27 May 2013
Objective Commerce Questions
Posted on 21:57 by Unknown
Objective Commerce Questions
( Next GK Commerce Questions )
1. Provisions are amounts set aside out of profits and other surpluses for–
(A) meeting a liability, the amount of which can be determined with exact figure
(B) any known liability of which the amount cannot be determined with
substantial accuracy
(C) meeting an eventuality arising out of revaluation of assets in ordinary
course
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