ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements about personal sources of finance is false?
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Often cheaper in the long-term
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Less ‘red tape’ or delay in getting the cash
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Less personal financial risk for the entrepreneur
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May be harder to raise large amounts
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Explanation:
Detailed explanation-1: -Fixed assets are not a source of finance for a company.
Detailed explanation-2: -Answer and Explanation: Correct Answer: Option d. Treasury stock.
Detailed explanation-3: -By source of funds we mean that money is coming in the business. In the given question all of them are sources of funds except issue of bonus shares.
There is 1 question to complete.