CUET · MATHS · PYQ PAPER 2025
Which of the following is not the specification of the Sinking Fund?
- A It is a fixed term account.
- B It can be used in an emergency.
- C A fixed amount at regular intervals is deposited in the Sinking Fund.
- D It is set-up for a particular upcoming expense.
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.
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