Sources that meet needs for a period exceeding five years are:
AShort-term sources
BInstant loan sources
CLong-term sources
DMedium-term sources
Answer & Solution
Correct answer: C. Long-term sources
1. They fund fixed assets like plant.
2. Shares and debentures are examples.
3. These are long-term sources.
_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._
Keep practising Sources of Business Finance & Small Business
Browse all Sources of Business Finance & Small Business questions for Karnataka PUC I, or explore more Business Studies topics.
Related questions
Credit extended by one trader to another for buying goods is:Excessive ploughing back of profits may cause dissatisfaction because shareholders get:Which is a merit of retained earnings?Profits kept back in the business instead of paid as dividend are:A limitation of internal sources of funds is that they:Suppliers, lenders and investors outside the firm are:Collecting receivables faster, selling surplus stock and ploughing back profit are exampleA burden of borrowed funds is that interest must be paid even when: