Accountancy, asked by aadarshdubey6291, 1 year ago

what is secret reserve

Answers

Answered by amanyadav7890

2

Answer:

A secret reserve is the amount by which the assets of an organization are understated or its liabilities are overstated. An entity might establish a secret reserve for competitive reasons, to hide from other businesses that it is in a better financial position than appears in its financial statements.

Previous Question

Next Question

Similar questions

English, 6 months ago

5. "Any achievement is a result of two factors. The factors are...

Art, 6 months ago

What is a balanced diet? 1.Which includes proper food items 2.In which all the nutrients, in the appropriate amount and proportion 3.Be digestible, attractive and interesting 4.All the above ...

English, 6 months ago

Write a story using the following bints: Aking proud of his power tell he can control everything on carth-taken 11 waves to move back the waves Lash at the feet of the King - the king moves...

Social Sciences, 1 year ago

multipurpose river valley projects are very useful in the countries like India How?

Math, 1 year ago

solve the question 2+2÷2=...

Math, 1 year ago

One line per operation PEMDAS...

Math, 1 year ago

Please tell me answer of this question I will add your answers to brain list...

Social Sciences, 1 year ago

Explain with example how industroestrogen give boost to the agriculture sector...