Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation is termed as ?
A provision is a present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation. It is recognized as a liability in the balance sheet and is charged as an expense to the income statement. Provisions are created to cover future expenses that are probable but not yet certain.
In the following question, select the wrong number from the given alternatives.
43, 50, 64, 85, 113, 138
Select the wrong term in the series.
44, 47, 41, 50, 38, 53, 40
In the following question, select the wrong number from the given alternatives.
52, 26, 26, 52, 208, 1644
Find the wrong number.
17, 25, 37, 47, 65, 81
In the following question, select the wrong number from the given alternatives.
48, 50, 52, 57, 59, 68, 75
Select the wrong term from the given series?
RFD, OBY, LXT, ITO, FSK
Select the number from among the given options that is wrong in the following series.
22, 30, 46, 78, 146, 270
Find the wrong number in the given series.
5, 3, 6, 17.25, 64.75
3. 8, 15, 24, 34, 48, 63
Find the wrong term in the series given below.
38, 44, 32, 50, 24, 56, 20