An Asset is __________?
Correct answer: B. Use of funds
- A. Sources of funds
- B. Use of funds
- C. Inflow of funds
- D. None of theseCompare Business Loans
Explanation
An asset is something in which funds are invested or used, such as cash, inventory, or equipment. Sources of funds describe liabilities and equity, while inflow refers to cash movement rather than an asset itself.
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About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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