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Why south Africa will rely on non conventional resource for provision of power in the future?
South Africa will increasingly rely on non-conventional resources for power generation due to the need for sustainable energy solutions and to reduce dependence on coal, which has been the backbone of its energy supply. The country faces significant challenges, including aging infrastructure and climate change commitments, prompting a shift towards renewable energy sources like solar, wind, and hydro. Additionally, non-conventional resources can enhance energy security and create jobs in emerging industries, aligning with global trends towards greener economies. This transition is crucial for addressing power shortages and promoting environmental sustainability.
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Will south Africa rely more on the non-conventional resource for the provision of power in the 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
Is uranium South Africa main power source?
In South Africa uranium is not a main power resource but is a very important resource for the future.
Why is it risky for a country in Africa to depend on a single resource?
Because that main resource will run out in the future and that country will have nothing to depend on .
Can a gift of nature become a resource in the future?
it will become a resource in the future
What is bonus provision?
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.
What is provision Journal Entry?
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.
What is the difference between liabilities provisions and contingent liabilities?
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.
How does the provision inure to the benefit of successors and assigns in this contract?
The provision benefits future parties who may take over the contract.
What do you mean by reserve and Provision?
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
What is the difference between provision and accrual?
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.
Why do you pass provision entries?
you make the provision for the Expenses. it is planning for future expenses after the year end it is estimation of that expenses come next years, so company make the provision for that expenses.
Can you give a catchy slogan on conventional and non conventional sources?
"In Good Hands" is an example of a catchy slogan on conventional sources. "American By Birth Rebel By Choice" is an example of the non-convectional sources slogan.
