3
Question
Raw material and money in hand is called _____.
Raw material and money in hand is called _____.
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Solution
The correct option is C working capital
Variety
of inputs that get used up in the process of production are known as working
capital. Examples
of working capital are raw material and money in hand.
1:Raw materials are required for the production.
2:Also money is required during
production to buy other necessary items.
Variety
of inputs that get used up in the process of production are known as working
capital. Examples
of working capital are raw material and money in hand.
1:Raw materials are required for the production.
2:Also money is required during
production to buy other necessary items.
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