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DP
Question Practice

What is a provision in accounting?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Depreciation, Provisions and Reserves
Question Bank

What is a provision in accounting?

Single Answer MCQ
Q-00054335

What is a provision in accounting?

1

A future expense

2

A current asset

3

A future liability

4

A past expense

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