The Change in Net Operating Working Capital Associated with New

question 24

True/False

The change in net operating working capital associated with new projects is always positive,because new projects mean that more operating working capital will be required.

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Definitions:

Officer

An individual holding a position of authority or command, especially within a governmental, military, or corporate structure, responsible for enforcing laws or policies.

Shareholders

Investors in a corporation, who own the corporation.

Dividends

Payments made by a corporation to its shareholders, usually derived from profits.

Two-Tier Board

A corporate board structure consisting of two separate boards: the supervisory board and the management board, each with distinct responsibilities.