Question

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Section Accounting
Auto Glide
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Question No: 04
Multiple Choice (Select 1 out of 2 options, for the question below)
Token company has taken a Transit Insurance policy. Suddenly in the year 2011-2012 the percentage of accident has gone up to 7% and the company wants to recognise insurance
claim as revenue in 2011-2012 in accordance with relevant Accounting Standard Do you agree?
Response
Yes
No​

Answer 1

Answer:

yes

Explanation:

mark the brainlist answer

Answer 2

Yes it is the answer