aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
Multiple choice

Which of the following is an appropriation of profit?

  1. Reserve

  2. Provision

  3. Contingent asset

  4. Contingent liability

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Reserves are appropriation of profits. Provisions are the charges against profits.

Keep practicing — related questions

  • Direction: Complete the following sentence by selecting the correct option from the following. According to...
  • Direction: Complete the following sentence by selecting the correct option from the following. According to...
  • Which of the following would make the most logical final sentence for the essay? Direction for questions 1 ...
  • In context, which of the following is the best version of the following is the best version of the underlin...
  • Which of the following sentences is best to insert between sentences 7 and 8? Direction for questions 13 to...
  • What conclusion can be drawn from the first scenario? Directions: Read the following two scenarios and answ...
  • Directions: Refer to the following information and answer the following question. A, B, C and D are four la...
  • The second scenario clearly states that Directions: Read the following two scenarios and answer the questio...

Practice this topic

  • Accounting Principles and Practice (1241 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy