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Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.
Assertion (A): Raw materials and money in hand are called working capital.
Reason (R): Money is always required during production to make payments and buy other necessary items.
- a)Both A and R are true and R is the correct explanation of A.
- b)Both A and R are true but R is not the correct explanation of A.
- c)A is correct but R is wrong.
- d)A is wrong but R is correct.
Correct answer is option 'B'. Can you explain this answer?
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Directions: In the questions given below, there are two statements mar...
Production requires a variety of raw materials. It requires money to make payments and buy other necessary items. Raw materials and money in hand are called working capital. Production requires a variety of raw materials such as the yarn used by the weaver and the clay used by the potter. They are used up in a single act of production.
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Directions: In the questions given below, there are two statements mar...
Working Capital: Assertion and Reason
Assertion (A): Raw materials and money in hand are called working capital.
Reason (R): Money is always required during production to make payments and buy other necessary items.
Explanation:
• Working capital is the amount of money a company has on hand to pay its short-term expenses.
• Raw materials and money in hand are both components of working capital.
• Raw materials are necessary for production, and money is required to purchase these materials.
• Additionally, money is needed throughout the production process to make payments to suppliers, employees, and other necessary expenses.
• Therefore, both the assertion and reason are true.
• However, the reason alone does not fully explain the assertion, as there are other factors that contribute to working capital such as accounts receivable and inventory.
• Hence, option (B) is the correct answer as both A and R are true, but R is not the correct explanation of A.
Assertion (A): Raw materials and money in hand are called working capital.
Reason (R): Money is always required during production to make payments and buy other necessary items.
Explanation:
• Working capital is the amount of money a company has on hand to pay its short-term expenses.
• Raw materials and money in hand are both components of working capital.
• Raw materials are necessary for production, and money is required to purchase these materials.
• Additionally, money is needed throughout the production process to make payments to suppliers, employees, and other necessary expenses.
• Therefore, both the assertion and reason are true.
• However, the reason alone does not fully explain the assertion, as there are other factors that contribute to working capital such as accounts receivable and inventory.
• Hence, option (B) is the correct answer as both A and R are true, but R is not the correct explanation of A.
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Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer?
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Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer?.
Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 9.
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Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: In the questions given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the correct option.Assertion (A): Raw materials and money in hand are called working capital.Reason (R): Money is always required during production to make payments and buy other necessary items.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true but R is not the correct explanation of A.c)A is correct but R is wrong.d)A is wrong but R is correct.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Class 9 tests.
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