What is provision ? Why in provision there is no any discussion about cash?

Divyanshu Gupta

Nov. 11, 2016, 6:44 p.m.

Answers!

Sandesh Kadam

Nov. 11, 2016, 9:12 p.m.

Provision is just future cash outflow estimation made by account.
Hence,it doesn't include cash in present.

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