2019HSCMultiple choice
Q2
1 mark
Question
A business is purchasing a new property. Which source of finance would be the most appropriate?
A. Shares
B. Mortgage
C. Debenture
D. Letter of credit
Syllabus alignment
Finance
- Sources of financeEvaluate retained profits and external debt and equity sources, including short- and long-term borrowing and share-based finance.