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Understanding Provisions and Reserves: Lessons from Mom and Business
The video explains the concepts of provisions and reserves in business and relates them to how a household budget is managed by a mother. It provides examples of different types of provisions and reserves and their characteristics. The...
Let's Tute
Provision & Reserves
Through this session you will understand why provisions and reserves are made and what is the difference between the two. Also we will see the different types of reserves.