Question

11.4.In the question given below, there are two statements marked as Assertion (A) and
Reason (R). Read the statements and choose the correct option:
Assertion (A): Some money is always required during production to make payments and
buy other necessary items.
Reason (R): Raw materials are termed as working capital.
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true and R is the not correct explanation of A.
(c) A is correct but R is wrong.
(d) A is wrong but R is correct.

Answer 1

Explanation:

both a and r are true and r is the correct explanation of a