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

Question

Quizplus · Accepted Answer

Organization costs are not included in working capital as they are considered a long-term asset, not a short-term asset or liability. The other options listed (investment securities, accrued interest on notes payable, and work in process inventories) are all considered elements of working capital.

Which of the Following Would Not Be Considered an Element