849. Sinking fund is_______________?

A. the fund for rebuilding a structure when its economic life is over
B. raised to meet maintenance costs
C. the total sum to be paid to the municipal authorities by the tenants
D. a part of the money kept in reserve for providing additional structures and structural modifications
✅ The correct answer is option A.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top