Business Finance Sources Quiz
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Questions and Answers

What is the meaning of business finance?

  • Funds required for a period not exceeding one year
  • Financial needs of a business to carry out various activities (correct)
  • Funds required to purchase fixed assets
  • Funds required for day-to-day operations

    • What are the fixed capital requirements of an enterprise?

  • Funds required to purchase fixed assets (correct)
  • Funds required for day-to-day operations
  • Funds required for a period not exceeding one year
  • Funds required for a period exceeding 5 years

    • What are the working capital requirements of an enterprise used for?

  • Fulfilling financial requirements for a period exceeding 5 years
  • Purchasing fixed assets
  • Holding current assets and meeting current expenses (correct)
  • Fulfilling financial requirements for a period not exceeding one year

    • What are the long-term sources of funds based on the period basis?

    <p>Funds required for a period exceeding 5 years</p> Signup and view all the answers

    What are short-term funds required for?

    <p>Funds required for a period not exceeding one year</p> Signup and view all the answers

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