December 2014

1:

Insufficient working capital in any enterprise may also result into

I. Failure to adapt to changes

II. Overcapitalisation

III. Reduced availability of trade and cash discounts

IV. Reduced volume of production and sales

A.

I, II and III only

B.

I, III and IV only

C.

II and III only

D.

I and IV only

 

Answer : B

Explanation :

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Option: A

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