An amount set aside out of profit for a specific purpose is a? by Sunday | Apr 7 | Accounting WAEC | 0 comments A. reserve B. liability C. provision D. discount Correct Answer: Option A – reserve Users Also Read These:A fixed amount of money set aside for petty expenses is?The amount set aside out of profit for a specific…The factor of production which is described as…Ice of mass 10g at 5ºC was completely converted to…The malware which is programmed to initiate at a…