Questions
Questions

BFIL001 Week 8 Practice Quiz

Single choice

Financing refers to ………… (i) Assets (ii) Liabilities (iii) Equity

Options
A.Only (i) is correct
B.Both (ii) and (iii) are correct
C.Both (i) and (ii) are correct
D.Only (ii) is correct
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Step-by-Step Analysis
First, let's restate what the question is asking: Financing refers to the sources of funds used to acquire assets and run the business. Option 1: 'Both (ii) and (iii) are correct' — This aligns with the fundamental idea that fin......Login to view full explanation

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