The Following Is an Extract from Ian’s Balance Sheets at 31

question 4

Multiple Choice

The following is an extract from Ian’s balance sheets at 31 December 20X1 and 20X2 shows the following information about net current assets:

Which one of the following statements is correct?

• A) There has been a cash inflow in respect of debtors
• B) There has been a cash inflow in respect of creditors
• C) Working capital has decreased
• D) There has been a cash inflow in respect of stock

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Definitions:

Data Analytics

The process of examining large datasets to uncover hidden patterns, correlations, trends, and insights for decision making.

Content Creation

The process of generating topic ideas that appeal to your audience, creating written or visual content around those ideas, and making that information accessible to your audience as a blog, video, infographic, or other formats.

Traditional Media

Forms of mass communication that existed before the advent of digital media, including newspapers, magazines, television, and radio.

Cyber-Attack

A deliberate exploitation of computer systems, technology-dependent enterprises, and networks to compromise, steal, or damage data.