Changes in Net Working Capital Can Occur At

question 70

Multiple Choice

Changes in net working capital can occur at:

• A)The beginning of a project
• B)The end of a project
• C)Any time during the life of a project
• D)The beginning of any accounting period

---

Definitions:

Asia-Pacific

A region in the Western Pacific comprising East Asia, South Asia, Southeast Asia, and Oceania.

Free-Market Economy

An economic system where prices for goods and services are determined by the open market and consumers, with minimal government intervention.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods that are determined mainly by competition in a free market.

Laws of Supply

Economic principles stating that as the price of a good or service increases, the quantity supplied of that good or service rises, and vice versa.