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Write a word or a term or a phrase that can substitute the following statement. The policy of using undistributed profit for the business. - Secretarial Practice

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Question

Write a word or a term or a phrase that can substitute the following statement.

The policy of using undistributed profit for the business.

One Word/Term Answer

Solution

The policy of using undistributed profit for the business. - Retained earnings

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Retained Earnings
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Chapter 2: Sources of Corporate Finance - Exercises [Page 35]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. C) 8. | Page 35
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