Q1287
'Provision' under the companies act, 1956 means with holding of profit for the following
A.
For a known liability whose amount can be very accurately determined
B.
For a known liability whose amount cannot be very accurately determined
AnswerC.
For any unknown liability
D.
For any general or specific purpose
Answer: Option B
Solution
Answer: Option B
No explanation is given for this question Let's Discuss on Board