Give four examples each of 'Provision' and 'reserves'. (2024)

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Provisions & Reserves

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See Also
Reserve Requirements: Definition, History, and ExampleReserve RequirementsHow much should a HOA have in reserves? - Reserve Study GroupHow Much Can an HOA Raise Dues Each Year in Florida? - Dania Fernandez, Esq.

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Examples of Provisions are provision for doubtful debts, provision for taxation, provision for repairs and renewals and provision for depreciation.

Examples of Reserves are general reserve, workmen compensation fund, investment fluctuation fund and capital reserve.


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