JSCE Business Studies 2022 Objective — Question 99
Question 99 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.
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The excess of current asset over current liability is called....
- A. working capitalCorrect
- B. fixed capital
- C. circulating capital
- D. reserved capital
Explanation
Current assets − current liabilities = working capital.
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