A______ is commonly created during good times or when new management takes over to turn around a company that experienced poor performance under the previous management.
A)sinking fund
B)provident fund
C)reserve fund
D)pension fund

Question

Quizplus · Accepted Answer

A reserve fund is commonly created during good times or when new management takes over to turn around a company that experienced poor performance under the previous management. This fund is set aside as a cushion to provide for unexpected expenses or losses that may arise in the future.

A______ Is Commonly Created During Good Times or When New