BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cost of advertising, printing prospectus etc incurred at the time of raising funds is called ____
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floatation cost
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capital expense
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Answers. The cost of advertising and printing a prospectus is generally referred to as a floatation cost. Floatation costs are the expenses associated with issuing and selling securities, such as stocks or bonds, to the public.
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