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What do you mean by business finance: - Commerce

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Question

What do you mean by business finance:

Options

  • It is the requirement of funds by a business to carry out its various activities.

  • It is the requirement of profits by business to carry out its various activities.

  • It is the requirement of liabilities by a business to carry out its various activities.

  • It is the requirement of customers by business to carry out its various activities.

MCQ
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Solution

It is the requirement of funds by a business to carry out its various activities.

Explanation:

  • Business finance refers to the funds required by a business for day-to-day operations, expansion, modernisation, and other activities.
  • It does not refer to profits, liabilities, or customers in this context.
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Chapter 3: Sources of Financial for a Join stock Company - QUESTIONS [Page 89]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
QUESTIONS | Q 12. | Page 89
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