Which of the following would NOT be considered an element of working capital?
A) Investment securities (current)
B) Work in process inventories
C) Accrued interest on notes payable
D) Organization costs

Question

Quizplus · Accepted Answer

Organization costs do not directly impact a company's current assets or current liabilities, which are the components of working capital. These costs are typically recorded as an intangible asset on the balance sheet and are amortized over time. The other options listed (investment securities, work in process inventories, and accrued interest on notes payable) are all current assets or liabilities that affect working capital.

Which of the Following Would NOT Be Considered an Element