Working Capital Is a Measure of Long-Term Liquidity and Is

question 96

True/False

Working capital is a measure of long-term liquidity and is calculated by subtracting the current liabilities from the current assets.

---

Definitions:

Process Re-Engineering

The fundamental rethink and radical redesign of business processes to achieve dramatic improvements in critical performance measures.

Process Re-Engineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, service, and speed.

Systems Bottlenecks

refer to points of congestion in a system where the flow of processes is impaired, causing delays and inefficiencies.

Productivity

A measure of how efficiently outputs (goods and services) are produced from inputs (labor, capital, materials).