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Q1. a) Differentiate between Statutory and Non-statutory reserves of a business. (Any four points) (2 marks) b) Select any 3 companies in Oman, find and
Q1. a) Differentiate between Statutory and Non-statutory reserves of a business.
(Any four points) (2 marks)
b) Select any 3 companies in Oman, find and write the type of reserves
maintained by those companies with percentage, briefly detail about the
the reserve/s is/are more important and why maintained with reference to
companies in Oman.
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