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BRAIN TEASING DIFFERENCES

621 views 3 replies

DEEPAK JANGRA

Articleship under Naresh Jai & Associate

95 Points Posted on 02 March 2011

GET READY TO CHECK URSELF

DIFFERENCE BETWEEN:: 1. documents and files

2. provision and reserve

3. production, manufacture and construct

4. mission, vision, goal, purpose and objective

5. affix, annex and attach

6. recommendation, suggestion and advise

7. report and certificate

8. big and large

9. dealing and trading

10. court and tribunal

11. assessing and looking

12. monitor, inspection and supervision

13. bill, voucher and receipt

14. lodging and bording

15. inspiration and motivation

16. ego and pride

i really want their answer so friends those who know, please do reply

Replies (3)

Guest

google it ..... you will get all your answer.

Devadas K S

One life one Dream

3525 Points Posted on 03 March 2011

RESERVES vs PROVISIONS

1. Reserves are amounts set aside out of profits which are not meant to meet any loss or known liability. In short, reserves refer to accumulated or undistributed profits retained in the business. Where as Provisions are to meet the anticipated losses and expenses. It is created for a known liability but the amount of which is uncertain.

2. Reserve is an appropriation of profit. Where as Provision is a charge against profit.

3. Reserve need not necessarily be created for a particular purpose But Provision is created for a particular purpose.

Hope u understood well......