Profit equalisation reserve (PER) is used for: a. Smoothing the profit earned on the investments b. Minimising

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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 answer-question

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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Question Posted: Mar 11, 2024 03:31 AM

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Profit equalisation reserve (PER) is used for: a. Smoothing the profit earned on the investments b. Minimising

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

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