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| Q. |
Which of the following will not lead to creation of secret reserve? |
| A. | Undervaluation of closing stock |
| B. | Charging capital expenditure to revenue |
| C. | Goods sent on consignment being shown as actual sales |
| D. | Charging higher rates of depreciation on fixed assets than actually required |
| Answer» C. Goods sent on consignment being shown as actual sales | |
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