The Answer Is
created forum for nations in which international disputes could be settled
Bonus provision means to create provision for future uncertain liability.which we have to pay next year or further.it is like provision for exp which we create for that exp. Which are unexpected but there is possibility that at any time in future we have to pay.
Provisional entries are made to account for future expenses or foreseen future losses. we will record these provisional entry by, initially debiting Expence account and crediting provision account. when provision is released, we debit the provision account and credit the Expenses account.
The Treaty of Versailles punished Germany.
The avoidance of doubt clause in legal contracts is a provision that clarifies any potential misunderstandings or ambiguities in the contract to prevent future disputes.
Provision made for known or specified liabilities which may occur in future is provision for liabilities whereas Contingent liabilitiy is provision made for unknown liabilities which may or may not occur in future.
yes South Africa will rely more on non-conventional energy for the provision of power in the future in order to protect and preserve the environment for the future generation
The French premier, who had lived through two German invasions of France, and was determined to prevent future invasions
The provision benefits future parties who may take over the contract.
Reserve -The funds that a company sets aside to meet future unknown losses. Provision- the funds that a company set aside to meet future known losses
Very Dismal
The future tense is will prevent.
Accrual is income earned but not received or expenses incurred but not spent. Provision is making provision from the profit for a specified or known expense which is to be met in unknown future.