CIMA Exam CIMAPRA19-F01-1 Topic 5 Question 76 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 76
Topic #: 5

[All CIMAPRA19-F01-1 Questions]

A conservative policy for financing working capital is one where short-term finance is used to fund:

AAll of the fluctuating current assets and part of the permanent current assets.

BPart of the fluctuating current assets, but no part of the permanent current assets.

CAll of the fluctuating current assets, but no part of the permanent current assets.

DPart of the fluctuating current assets and part of the permanent current assets.

Show Suggested Answer

Suggested Answer: C

by Salome at Oct 19, 2023, 02:39 PM

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2 days ago

I disagree, I believe the answer is C.

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3 days ago

I think the answer is A.

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