ExamBro
ExamBro
CUET · MATHS · PYQ PAPER 2025

Which of the following is not the specification of the Sinking Fund?

  1. A It is a fixed term account.
  2. B It can be used in an emergency.
  3. C A fixed amount at regular intervals is deposited in the Sinking Fund.
  4. D It is set-up for a particular upcoming expense.
Verified Solution

Answer & Solution

Correct Answer

(B) It can be used in an emergency.

Step-by-step Solution

Detailed explanation

It can be used in an emergency.
Same subject
Explore more questions on app