Which of the Following Statements Is NOT True

question 63

Multiple Choice

Which of the following statements is NOT true?

• A) Gross working capital refers to the funds invested in a company's current liabilities.
• B) Net working capital (NWC) refers to the difference between current assets and current liabilities.
• C) Working capital efficiency refers to the length of time between when a working capital asset is acquired and when it is converted into cash.
• D) Working capital management involves making decisions regarding the use and sources of current assets.

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Definitions:

Binary Sequence

A series of zeros and ones representing digital data or instructions in a format that can be understood by computers.

CPU

The Central Processing Unit, which is the principal part of any digital computer system, generally composed of the main control unit and arithmetic-logic unit.

Correcting Errors

The process of identifying and correcting mistakes or inaccuracies in data, documents, or computer programs.

Binary Patterns

A method for representing information using two states or symbols, typically 0 and 1.