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DP
Question Practice

What is the impact of a provision when it is settled?

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 the impact of a provis...

Single Answer MCQ
Q-00054340

What is the impact of a provision when it is settled?

1

Increase in assets

2

Decrease in liabilities

3

Increase in revenue

4

Decrease in equity

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