Question :
‘Money’ is an example of:
Option 1:
sunk capital
Option 2:
floating capital
Option 3: concrete capital
Option 4: social capital
Correct Answer:
floating capital
Solution : The correct option is floating capital .
Liquid assets or finances that are easily accessible for usage in a business or economic activity are referred to as floating capital. It consists of money in the form of cash, bank deposits, and other highly liquid assets. The simplest and most liquid kind of capital is money itself, in the form of banknotes and coins.
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