Which of the Following Is NOT a Level in the AAMA

question 1

Multiple Choice

Which of the following is NOT a level in the AAMA membership?

• A)Regional
• B)State  
• C)Local
• D)National

---

Definitions:

Asset Expansion

The process of increasing a company's investment in current and fixed assets to boost its capacity and efficiency.

Pretax Proceeds

The amount of money generated from a sale or transaction before any taxes are deducted.

Working Capital

Working capital, rephrased from net working capital, indicates the liquidity available to a business for day-to-day operations, calculated as current assets minus current liabilities.

Net Working Capital

A measure of a company's short-term financial health, calculated as current assets minus current liabilities.