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Is provision for doubtful debt under current assets?
Yes provision of doubtful debt is part of current assets as accounts receivable is part of current assets and this allowance is for short term period.
Write provision in a sentence?
The larder is short by just one provision.
What is the term for Provision tacked on to an unrelated bill?
Rider
What does SMS provision stand for?
SMS means Short Message Service
Why we treat provison for tax as current liability?
With the process of provision we create the amount and set aside to payment for taxes in future as it is payable in short term future that's why it is called current liability.
Is toxoplasmosis short term long term?
short term
Is unemployment long-term or short-term?
Short-Term
What term effect does an earthquakes long term or short term?
Answer: Short Term
The memory on the motherboard is short term?
it can be long term....it can be short term depends if it is RAM is short term..while ROM is long term....
Are provisions long term liabilities or short term?
Statement of Financial Position constitutes both "Long Term Provisions" as well as "current provisions" depending upon their nature and upon the fact that whether they fulfill the criteria for long or current provisions. This fact is evidenced by the sample statement of financial position as provided in IAS1 of IFRS where the long term liabilities constitute an item "provisions" and under the head of short term-liabilities there exists an item named "current provision".
Is short term provision a other current liability?
Yes, short-term provisions are classified as other current liabilities on a company's balance sheet. These provisions represent obligations that a company expects to settle within one year, such as estimated expenses or potential liabilities. They are recognized to reflect the company's financial position accurately and ensure that future cash outflows are anticipated.
Is mumps long term or short term?
long term mostly but in some short term
