Profit equalisation reserve (PER) is used for: a. Smoothing the profit earned on the investments b. Minimising
Question:
Profit equalisation reserve (PER) is used for:
a. Smoothing the profit earned on the investments
b. Minimising the variance in return on investments
c. Preserving the capital of investment account holders
d. Both a and b
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Related Book For
Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application
ISBN: 9781032464022
1st Edition
Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik
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