- 1 Marks
Question
Which of the following is NOT a component of the working capital cycle?
A. Debtors
B. Finished goods
C. Work-in-progress
D. Raw materials
E. Overdraft
Answer
E. Overdraft
Explanation:
Overdraft is a financing tool, not a component of the working capital cycle, which includes assets like debtors, finished goods, work-in-progress, and raw materials.
- Tags: Multiple Choice, Objective Question, Working Capital
- Level: Level 1
- Uploader: Kwame Aikins