MCQOPTIONS
 Saved Bookmarks
				| 1. | 
                                    */*_Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation is termed as? | 
                            
| A. | Contingent liability | 
| B. | Liability | 
| C. | Provision | 
| D. | Reserve | 
| Answer» D. Reserve | |