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Which of the following statements is incorrect about the sources of finance used by companies: Raising finance through borrowing is considered an external source of finance. The company's choice between different external sources of finance could impact its overall cost of capital. Retained earnings are an external source of finance available for the company. Raising finance through share issue is considered an external source of long-term finance.

Question 23 The risk of default on the company's debt if it fails to make required payments on time is called __ credit risk operational risk foreign currency risk 3 pts

Corporate social responsibility (CSR) means that companies must assess and take responsibility for their effect on the environment and society, only in matters law and regulation. True False

Question 2 Which of the following is an advantage of the NPV method: It emphasises on the time value for money. It is biased against long -term projects. It only considers the cash flows from a project up until a cut-off point. Its calculation is based on estimates for the required rate of return.

Question 11 3 pts Which of the following is not one of the costs under the cost classifications for predicting cost behaviour: direct cost step-fixed cost mixed cost fixed cost