Question

What is the term used for a reserve specifically represented by earmarked investments?

a.

Capital Reserves

b.

Securities Premium Reserve

c.

Fund

d.

Other Reserves

Posted under IC 89 Management Accounting

Answer: (c).Fund Explanation:A reserve specifically represented by earmarked investments is termed as a 'fund'.

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Q. What is the term used for a reserve specifically represented by earmarked investments?
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