New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Provision for Bad & Doubtful Debt is created in

    anticipation of actual bad debts on the basis of:
    A Conservatism principle Correct Answer Incorrect Answer
    B Going concern principle Correct Answer Incorrect Answer
    C Disclosure principle Correct Answer Incorrect Answer
    D Money measurement principle Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next

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