Risk may be defined as the variation of actual cash flows from the expected cash flows HomeFinancial Accounting MCQsRisk may be defined as the variation of actual cash flows from the expected cash flowsQ. Risk may be defined as the variation of actual cash flows from the expected cash flows.A. TrueB. FalseAnswer: True
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is
