The form of capital which performs its function in production in a single use and is not available for further use is termed as:

CA Foundation · Business Economics · PYQS · May 2025
The form of capital which performs its function in production in a single use and is not available for further use is termed as:
(A) A. Fixed capital
(B) B. Circulating capital
(C) C. Real capital
(D) D. Intangible capital

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Circulating capital

Topics: Theory of Production and Cost

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