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CIMA Exam CIMAPRA19-F01-1 Topic 5 Question 76 Discussion
Actual exam question for
CIMA's
CIMAPRA19-F01-1 exam
Question #: 76
Topic #: 5
[All CIMAPRA19-F01-1 Questions]
Topic #: 5
An entity's policy is to finance the investment in working capital using short-term financing to fund all of its investment in fluctuating net current assets as well as some of its investment in permanent net current assets.
What is this working capital financing policy known as?
Suggested Answer:
C
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