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Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed

Commerce
WAEC 1998
Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed
  • A. Circulation capital
  • B. working capital
  • C. fictitious capital
  • D. fixed capital
  • E. capital owned
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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