Yashmi Is Involved in Obtaining New Funds to Run and Expand

question 71

True/False

Yashmi is involved in obtaining new funds to run and expand the business.She is engaged in an investing activity.

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Definitions:

Committed

Refers to being pledged or bound to a certain course or policy, especially in the context of project or resource planning.

Nonspendable

Funds that cannot be spent because they are either not in spendable form or are legally or contractually required to be maintained intact.

Assigned

Assigned typically refers to the allocation or designation of tasks, resources, or responsibilities to a person or a team within an organization.

Restricted

Refers to assets or conditions that are limited in terms of access, use, or transferability due to legal, contractual, or regulatory requirements.