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- Which of the following are forms of long -term fince? (Select the correct answer from those listed below the following statements). (1) Retained earnings (2) Tighter credit control (3) Ordinary shares (4) Delayed payment to suppliers (5) No payment to suppliers (1) and (3) are correct (1) and (2) are correct All of the above are correct None of the above are correct
- A ................. enables a business to maintain a __ balance on its bank account. It represents a very flexible form of borrowing as it can be easily and quite quickly increased or decreased, subject to the bank's approval. (Select the missing pair of words below to complete the sentence) bank overdraft and negative long-term loan and negative bank overdraft and positive bank overdraft and positive
- Which of the following statements is true? Select the correct answer from the options listed below Debt factoring involves outsourcing the business trade receivables management to a specialist sub-contractor. Debt factoring involves invoicing in home currency Debt factoring involves collecting cash payments immediately Debt factoring involves requesting to pay suppliers late and collecting cash immediately from customers
- Question 17 Which of the following statements is false? Select the correct answer from the options listed below The bonus issue of a share is a means of raising long -term finance Share issues can be issued in several ways The placing of a share does not involve any invitation to the general public Long-term debt is an example of business long-term finance
- Question 16 Which of the following statement(s) is/are true? (Select the correct answer from the options below the statements) (1) A mortgage is a form of long-term loan that is secured on an asset, typically land and property (2) A mortgage is a form of equity and is attached to non-current assets, typically land and property (3) A mortgage may be for a long period: 20 years or more (1) and (3) (1) only (1) and (2) (2) and (3) - Previous