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प्रश्न
Long-term finance is required for meeting day-to-day requirements.
विकल्प
True
False
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.
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संबंधित प्रश्न
______ shares do not carry voting rights.
Write a short note on:
Cash Credit
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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.
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State any three sources of borrowed funds.
Name three sources of owned funds for business.
Which source is the best source of raising borrowed funds for a business? and why?
