Contemporaneous reserve accounting is a system of reserve accounting in which the maintenance period more or less corresponds to the _______ period.
A)computation
B)inflation
C)reserve
D)lagged

Question

Quizplus · Accepted Answer

Contemporaneous reserve accounting is a system where the maintenance period for reserves closely matches the computation period, allowing for more accurate and timely adjustments to reserve requirements.

Contemporaneous Reserve Accounting Is a System of Reserve Accounting in Which