Maharashtra State BoardHSC Commerce 12th Board Exam
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State whether the following is True or False : Sinking fund is set aside at the beginning of a business. - Mathematics and Statistics

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MCQ
True or False

State whether the following is True or False :

Sinking fund is set aside at the beginning of a business.

Options

  • True

  • False

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Solution

Sinking fund is set aside at the beginning of a business True.

Concept: Annuity
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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 3.1 | Page 30
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