BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Under financial management a forecast of receipts and payments is made andthe shortage or sufficiency of ____ is ensured.
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Capital
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Human resource
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Material
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All the above
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Explanation:
Detailed explanation-1: -The correct answer is Gross Working Capital. Gross Working Capital: It is the capital invested in total current assets of the business concern.
Detailed explanation-2: -In short, working capital is the money available to meet your current, short-term obligations. To make sure your working capital works for you, you’ll need to calculate your current levels, project your future needs and consider ways to make sure you always have enough cash.
Detailed explanation-3: -(c) When the cost of debt capital is low.
There is 1 question to complete.