CIMA Financial Reporting F1 Question # 45 Topic 5 Discussion

CIMA Financial Reporting F1 Question # 45 Topic 5 Discussion

F1 Exam Topic 5 Question 45 Discussion:
Question #: 45
Topic #: 5

An entity's policy is to finance the investment in working capital using short-term financing to fund all of its investment in fluctuating net current assets as well as some of its investment in permanent net current assets.

What is this working capital financing policy known as?


A.

Conservative


B.

Moderate


C.

Aggressive


D.

Short term


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