Question

What does "fund" refer to in the context of Fund Flow Statement?

a.

Non-current assets

b.

Current liabilities

c.

Working capital

d.

Fixed assets

Answer: (c).Working capital Explanation:In the context of Fund Flow Statement, "fund" refers to working capital, which is the excess of current assets over current liabilities.

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Q. What does "fund" refer to in the context of Fund Flow Statement?

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