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Commerce · Q115

Business Finance

Graduate and Post Graduate · Commerce · question 115

Q115

Assertion (A): The management of working capital refers to the management of current assets and current liabilities. Reason (R): The major thrust is on the management of current assets; because current liabilities arise in the context of current assets.

A.
Both (A) and (R) are incorrect
B.
(A) is correct, but (R) is incorrect
C.
Both (A) and (R) are correct
Answer
D.
(A) is incorrect, but (R) is correct

Answer: Option C

Solution

Answer: Option C
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