Q160
The amount of the temporary working capital __________.
A.
keeps on fluctuating from time to time
AnswerB.
remains constant for all times
C.
financed through long term services
D.
none of the above.
Answer: Option A
Solution
Answer: Option A
Solution:
The amount of the temporary working capital keeps on fluctuating from time to time. Temporary working capital (TWC) is the temporary fluctuation of networking capital over and above the permanent working capital.