(A) Unknown Liabilities (X)
(B) Known Liabilities ()
(C) Creation of Secret Reserves (X)
(D) All the Three (X)
Answers: Provision is created for Known Liabilities.
(A) Unknown Liabilities (X)
(B) Known Liabilities ()
(C) Creation of Secret Reserves (X)
(D) All the Three (X)
Answers: Provision is created for Known Liabilities.
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