‘Amortization’ in respect of financial obligation of a company means the_____________________?

Chemical Engineering Mcqs

‘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

Submitted By :Ali Uppal

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