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  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    Which of the following is not an importance of partnership deed?

    A) Registration of partnership business is mandatory

    B) It avoids disputes/conflicts/misunderstandings among the partners

    C) It can be used as an evidence

    D) It helps in smooth functioning of the business

    Correct Answer: A

    Solution :

    Registration of partnership business is mandatory


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