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

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.

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Answer: B