Q.

Permanent working capital ___________.

A. varies with seasonal needs.
B. includes fixed assets.
C. is the amount of current assets required to meet a firm\s long-term minimum needs.
D. includes accounts payable.
Answer» C. is the amount of current assets required to meet a firm\s long-term minimum needs.
3.2k
0
Do you find this helpful?
12

View all MCQs in

Management Accounting

Discussion

No comments yet