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प्रश्न
Long-term finance is required for meeting day-to-day requirements.
पर्याय
True
False
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उत्तर
This statement is False.
Explanation:
Long-term finance is used for significant investments such as buying assets, expanding, or completing major projects. At the same time, day-to-day operational needs are typically met through short-term finance, such as working capital or trade credit.
संबंधित प्रश्न
______ shares do not carry voting rights.
Write a short note on:
Cash Credit
What is Cash Credit?
Explain in brief Discounting of bills of exchange.
Name the source of finance wherein receivables on account of the sale of goods or services are sold at a discount.
Differentiate between owned funds and borrowed funds.
State any three sources of borrowed funds.
Name three sources of owned funds for a business.
Which source is the best for raising borrowed funds for a business? And why?
