wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Classification on on the basis of ownership basis includes ___________.

A
Owner's funds
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Borrowed funds
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Loan funds
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All of the above
The classification of funds on the basis of ownership of funds raised by a business or a company are:
Owner's Funds: The funds raised by the owner of the company or business are known as owner's funds
Borrowed Funds: The funds raised by borrowing from the public or investors are known as borrowed funds.
Loan Funds: The funds that are raised on the basis of a loan taken from the bank, government or investors are known as loan funds.

flag
Suggest Corrections
thumbs-up
2
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Financial Market
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon