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What's difference between expenses and provisions?

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Question added by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY
Date Posted: 2014/11/14
Ammar Eltayeb
by Ammar Eltayeb , Business Development Manager , National Upstream Solutions Company (NUS)

Expenses and provisions are different by their respective levels of certainty. The first have already been incurred but are not yet paid for. ... whereas provisions are recorded by companies for future obligations where the specific amount or timing is unknown

Yousef Al Yousef
by Yousef Al Yousef , مدير انتاج , مصنع عمران بدر للمنتجات الورقية

expenses are fees and provisions are taken to control the expenses.

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

SORRY I DO NOT UNDERSTAND THE QUESTION  

THANKS FOR INVITATION 

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Why do you mean provions

please Mr Asimlast timecheck your spellingordon't ask any question by EnglishorDon't send me invitationsok

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