Q
‘Amortization’ in respect of financial obligation of a company means the_____________________?
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A
A. Liquidation of financial obligations on instalment basis
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B
B. Commitment of financial obligation on priority
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C
C. Liquidation of all the obsolete equipments of the company
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D
D. Modernisation of the plant equipments
Correct Answer:
A. A. Liquidation of financial obligations on instalment basis
