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प्रश्न
TRUE OR FALSE.
Working capital refers to the funds required for acquisition of fixed assets.
सत्य या असत्य
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उत्तर
This statement is false.
Explanation:
Working capital refers to funds required for day-to-day operations like buying raw materials, paying wages, and covering expenses. It is not for acquiring fixed assets like machinery or buildings. That’s the role of fixed capital.
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