Q181
The amount of current assets that varies with seasonal requirements is referred to as __________ working capital.
A.
Permanent
B.
Net
C.
Temporary
AnswerD.
Gross
Answer: Option C
Solution
Answer: Option C
Solution:
The amount of current assets that varies with seasonal requirements is referred to as Temporary working capital. Temporary working capital (TWC) is the temporary fluctuation of networking capital over and above the permanent working capital.