How secret reserve can be createda) All of theseb) By charging capital expenditure to revenuec) Under valuating stockd) By making excessive provisions
Question
Solution 1
A secret reserve can be created in several ways:
a) All of these: This option suggests that all the methods listed can be used to create a secret reserve.
b) By charging capital expenditure to revenue: This involves treating a capital expenditure (a long-term investment) as a revenue expenditure ( Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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