While Calculating Terminal Recovery of Working Capital There Are No

question 92

True/False

While calculating terminal recovery of working capital there are no tax consequences as there is no gain or loss on working capital.

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Definitions:

CRM System

Customer Relationship Management system; a technology for managing all your company's relationships and interactions with customers and potential customers.

Knowledge Management

The process of capturing, distributing, and effectively using knowledge within an organization.

Virtual Office

A service that provides a business with a physical address and office-related services without the need for a dedicated physical space.

Efficient

Achieving maximum productivity with minimum wasted effort or expense, often relating to the effective operation of a process or system.