The Engineering Department Often Includes

question 31

Multiple Choice

The engineering department often includes:

• A)ISP
• B)OTT
• C)IT
• D)none of the above

---

Definitions:

Net Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term financial health and ability to meet short-term obligations.

Accounts Payable

Short-term liabilities or debts a company owes to its creditors for goods and services purchased on credit.

Inventory

The total stock of goods or materials a company holds for the purpose of resale or production.

CCA Depreciation

Capital Cost Allowance, a system in Canada that determines how a business can claim depreciation on tangible capital assets for tax purposes.