WAEC Commerce 2013 Objective — Question 34
Question 34 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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The money used by Ola Maro and Co. Ltd. In running the day-to-day activities of the business is represented by
- A. fixed capital
- B. capital employed
- C. paid-up capital
- D. working capitalCorrect
Explanation
Working capital is the money used in running the day to day affairs of the company.
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