what is the differace between depreciation and provision
Answer Posted / sania
Depreciation is the value of asset decreased and provision
is maintaining a sum of amount to meet future unexpected
financial needs such as providing provision for doubt full
debts provision for taxation provision for depreciation.
Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
Is California Chapter 7 (straight Bankruptcy) Bankruptcy Right For Me?
Give one point of difference between commercial banks and private banks?
what is the scope of rent securitisation
What do you call the minimum rate decided by rbi which shall be adopted by all public sector banks?
What is a DMAT account?
Tell me about some stocks you follow. Why should I buy them?
What is the benefit of nationalization on Indian Banks?
When was National Green Tribunal (NGT) constituted?
Explain the importance of capitalization?
Differentiate between Cost Accounting and Financial Accounting?
How well can you handle the pressure?
Do you think role of leaders and managers is same?
What is TDR/ STDR?
What is fixed assets/ capital employed ratio? What does it indicate?
What do you know about consolidation fund of India?