Q. 'Amortization' in respect of financial obligation of a company means the

(A) Liquidation of financial obligations on instalment basis
(B) Commitment of financial obligation on priority
(C) Liquidation of all the obsolete equipments of the company
(D) Modernisation of the plant equipments

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✅ Correct Answer: (A) Liquidation of financial obligations on instalment basis

Published by Team MCQ Buddy ⭐ 27.12K Points at 07-May-2023 09:03 pm in Chemical Engineering Basics

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