Provisions are those where the liability existence is certain, but the amount of liability cannot be determined with substantial accuracy. In case of reserves, the liability is not known. but some amount of profits are kept aside for meeting the contingencies that might become actual liabilities.
Discourse about the Provision of Money was created in 1502.
A money market fund is a mutual fund, but behaves a little different than most fund.
It is a fund that invests in a portfolio of hedge funds.
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
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A provision on a bond that provides for the systematic retirement of the bond prior to maturity is known as a sinking fund provision. This provision requires the issuer to set aside funds on a regular basis to repay a portion of the bond issue before it matures, reducing the overall debt burden.
Yes. All companies in India that employ more than 20 permanent staff come under the PF Act
The marketer should keep a provision for uncontrollable or unforeseen factors and maintain a contingency fund to meet the eventualities.
A call provision can make a bond more risky for the investor because it gives the issuer the option to redeem the bond at a predetermined price before maturity, potentially preventing the investor from earning interest for the full term. On the other hand, a sinking fund provision can make a bond less risky for investors as it requires the issuer to set aside money regularly to retire a portion of the bond issue before maturity, reducing the overall outstanding debt and default risk.
Local provision is a company totally made by kids. They sell crafts made by the three Dugan kids McEver, Reilly, and Clara. It is fund raising for different causes. see http://localprovision.com
Provisions are those where the liability existence is certain, but the amount of liability cannot be determined with substantial accuracy. In case of reserves, the liability is not known. but some amount of profits are kept aside for meeting the contingencies that might become actual liabilities.
For a provision you initially debit cost and credit provision. When the provision is released you debit your provision and credit cash. The provision should be adjusted to present value on your balance sheet.
hauling of provision
It is a city not a provision.
You have to be 34 to have your provision license.
A universal provision is something that is offered to everyone. For instance, if a service is offered to the entire population it may be called a universal provision of that service.