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| Q.64 | The term ‘___________’ means any amount written off or retained by way of providing depreciation, renewals or diminution in the value of assets or retained by way of providing for any known liability the amount of which may NOT be determined with substantial accuracy. | |
| Ans | A. Profit | |
| B. Revenue | ||
| C. Reserve | ||
| D. Provision |
Correct Ans Provided: D
