Pass CIMA F1 Financial Reporting and Taxation Exam In Easy Way - CIMA F1 Braindumps

Latest F1 Financial Reporting and Taxation Exam Questions With Valid F1 Dumps

Question 1

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

A. All of the fluctuating current assets and part of the permanent current assets.

B. Part of the fluctuating current assets, but no part of the permanent current assets.

C. All of the fluctuating current assets, but no part of the permanent current assets.

D. Part of the fluctuating current assets and part of the permanent current assets.

Answer: B