Which of the following is not true Option 1: sinking fund established to set aside revenue for a future expense Option 2: sinking funds are the same as saving account Option 3: sinking funds is set up for a particular purpose Option 4: sinking funds are to be used at a particular time

The answer is 'sinking funds are the same as saving account'. View full solution:

CUET Mathematics - Which of the following is not true | PYQs + Solutions

CUET Mathematics 2023 7 June Shift 1

Applied Mathematics

Easy

sinking fund established to set aside revenue for a future expense

sinking funds are the same as saving account

sinking funds is set up for a particular purpose

sinking funds are to be used at a particular time

✅ Correct Option: 2