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  • Accounting & Finance for Bankers - 1 (JAIIB)
  • An advance giving income on continuous basis is called
Multiple choice

An advance giving income on continuous basis is called

  1. performing asset

  2. non-performing asset

  3. income recognition

  4. None of the above

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

Performing assets provide a positive return annually.  

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