Generally the term fund is used to mean the difference between
A)Current assets and current liabilities .
B)Profit and loss A/C and Balance sheet .
C)Current assets and non-current liabilities .
D)Current liabilities and non-current liabilities

Question

Quizplus · Accepted Answer

The term "fund" in a financial context often refers to the difference between current assets and current liabilities, which essentially represents the net working capital available to a business. This measures the short-term financial health and liquidity of a company, indicating its ability to cover its short-term obligations with its short-term assets.

Generally the Term Fund Is Used to Mean the Difference