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Question

Classification on on the basis of ownership basis includes ___________.


A
Owner's funds
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B
Borrowed funds
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C
Loan funds
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D
All of the above
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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.

Commerce

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