Risk of prior period expenses
This query is : Open
16 July 2016
What are the risk of Prior Period Expenses recorded in current year to the business
16 July 2016
There is no such risk involved.The same will be disallowed as an expense.
20 July 2016
Thank you for your reply....All prior period expense is disallowed???
20 July 2016
yes all period expenditure will be disallowed in the current year...
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