Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Difference between Provision & Reserve?

Answer Posted / kiran kumar

The money which is kept aside for a known event is said to
be PROVISION

The money which is kept aside for unknown event is said to
be RESERVE

Is This Answer Correct ?    135 Yes 33 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Is WCT paid to be considered as overhead during costing in construction firm?

2017


Name the Accounting Concepts

2129


Expand CCIT?

2440


How can fictitious assets be measured or valued?

2099


What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

2223


what is capital market and money market? what is primary market and secondary market?

2200


what are the new rules of central excise ?

1913


what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?

2409


How do you avoid loss situation

1979


what is leverage n detail and tpoes of leverage with iagram?

2160


What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

2040


What was use of tally erp 9? Types of vat?

1698


why you want to join the banking and finance industry?

4699


What is meant by advance ruling? What is the scheme of advance rulings?

2024


EXPAND___________INMA

1982