Question 172Asked in DSSSB TGT Computer Science, 24 Jun 2023, Shift 3 (4:30 PM)

The part of the firm's capital that is required for conducting day to day expenses is called:

  1. Aworking capital
  2. Basset
  3. Cexpenses
  4. Dfixed capital
Show answerHide answer

Correct answer: (A) working capital

Explanation

Working capital (current assets minus current liabilities) funds the firm's day-to-day operating expenses. Fixed capital is used for long-term assets.

From DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM)

This is question 172 of DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.