An Increase in ________ Would Increase Net Working Capital

question 149

Multiple Choice

An increase in ________ would increase net working capital.

• A) plant and equipment
• B) accounts payable
• C) accounts receivable
• D) both B and C

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Definitions:

Promote Efficiency

Actions or strategies undertaken to improve the productivity and effectiveness of an operation or process, minimizing waste and maximizing output.

Budget Committee

A group responsible for overseeing the preparation, implementation, and review of budgets within an organization.

Internal Auditors

Professionals within an organization responsible for evaluating and improving the effectiveness of risk management, control, and governance processes.

Budget Director

An individual responsible for overseeing the preparation and implementation of an organization's budget, ensuring financial discipline and planning.