A. Revenue reserve
B. Capital reserves
C. General reserves
D. Loan capital
Correct Answer: Option A
A. Revenue reserve
Explanation
Retained profit is part of the profits of an organization not distributed as dividends but ploughed back into the business for expansion.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…