Financial Accounting

1: Assertion (A). Management of working capital refers to the management of current assets and current liabilities. Reason (R). But the major thrust of course is on the management of current assets because current liabilities arise in the context of current assets.
A.

Both (A) and (R) are correct.

B.

(A) is correct and (R) is incorrect.

C.

Both (A) and (R) are incorrect.

D.

(A) is incorret, but (R) is correct.

 

Answer : B

Explanation :

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Option: A

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