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Question
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ | ||
| a) | Retained earnings | 1 | ______ |
| b) | ______ | 2 | Written communication |
| c) | 36 months | 3 | ______ |
| d) | ______ | 4 | Charge on assets |
| e) | Cash sales | 5 | ______ |
(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)
Solution
| Group ‘A’ | Group ‘B’ | ||
| a) | Retained earnings | 1 | Internal source of finance |
| b) | Correspondence | 2 | Written communication |
| c) | 36 months | 3 | Maximum tenure of deposits |
| d) | Secured debentures | 4 | Charge on assets |
| e) | Cash sales | 5 | Less working capital |
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Type of company that can accept deposits only from its members or directors.
