Accountancy, asked by srivastavasam7262, 3 months ago

pick odd one out
1. taxation fund
2. workmen compensation fund
3. employees saving fund
4. machinery replacement fund

do explain ​

Answers

Answered by dipendramylife
0

Answer:

2) workmen compensation fund

Answered by Dhruv4886
0

The odd one out is "taxation fund" as it is not a type of fund created by an organization or company for its employees or operations.

The other three options - workmen compensation fund, employees saving fund, and machinery replacement fund - are all funds that can be established by companies or organizations to support their employees or operations.

The workmen compensation fund is created to provide compensation to employees in case of any work-related injuries or accidents.

Similarly, an employee saving fund is created to encourage employees to save money for their future needs.

The Machinery replacement fund is created to replace the machinery or equipment used in the operations of the company.

While taxation fund is a type of fund established by governments or municipalities to receive and manage tax revenues collected from taxpayers.  

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