Sinking fund is________?

1487Civil EngineeringMedium

Aa part of the money kept in reserve for providing additional structures and structural modifications

Bthe fund for rebuilding a structure when its economic life is over

Cthe total sum to be paid to the municipal authorities by the tenants

Draised to meet maintenance costs

Correct answer

B. the fund for rebuilding a structure when its economic life is over

Explanation

The correct answer is the fund for rebuilding a structure when its economic life is over.

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