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Can you provide provision for contigent liablites?

Answers were Sorted based on User's Feedback



Can you provide provision for contigent liablites?..

Answer / h.r. sreepada bhagi

Refer the relevant Accounting Standard issued by the
Institute of Chartered Accountants of India, which provides
guidelines for treating contingent liabilities.

Is This Answer Correct ?    1 Yes 0 No

Can you provide provision for contigent liablites?..

Answer / deepak jha

yes we can provide provison for conteigent liabilities as
banks have CAR for them

Is This Answer Correct ?    1 Yes 0 No

Can you provide provision for contigent liablites?..

Answer / guest

NO IT IS AN UNFORSEEN HAPPENINGS SO WE CAN'T PROVIDE
PROVISION


Is This Answer Correct ?    2 Yes 4 No

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