A. Fixed capital
B. Social Capital
C. Circulating capital
D. Liquid capital
Correct Answer:
Option D – Liquid capital
Explanation
Liquid or current capital is the type of capital that is required for the day-to-day running of production activities. They are also changed from one form to another examples are finished goods and money.
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…