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Depreciation, Provisions and Reserves — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation, Provisions and Reserves1 Mark
Question
What is Workmen Compensation Fund?
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Answer

Workmen Compensation Fund:
It is created to meet compensation payable to workers in case of inexpected or unknown event of an accident.

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