Register now or log in to join your professional community.
(a) Compulsory acquisition of part of land of the company by the Government
(b) A suit filed by the employee against the company
(c) A debtor of the company is declared insolvent, resulting in bad debts to the company.
(d) All of (a), (b) and (c) above.
A suit filed by the employee against the company
Option D - All of (a), (b) and (c)
(d) All of (a), (b) and (c) above.
Option (d)- All of a, b & c.
a should be the right answer in accounting perception.
b is a labour problem
c is a part of provision
a suit of filed by employee against company is contingency for the company and option c depends upon the company policy only..
Answer option(d) >>>>>>>>>>>>>>> All of (a), (b) and (c) above.
In all situations contingency prevails for accounting considerations.
The right Option is (d) the above three case are contingencies in accounting.
Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.