5 Views

Question :

‘Money’ is an example of:

Option 1:

sunk capital

Option 2:

floating capital

Option 3: concrete capital

Option 4: social capital


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

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.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books