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Question

Find the odd one out from the sources of long-term funds.


A

Shares

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B

Commercial Paper

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C

Debentures

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D

Loans from banks

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Solution

The correct option is B

Commercial Paper


Shares, Retained Earnings, Debentures, Loans from financial institutions and loans from banks are different sources of long-term funds. The long-term sources fulfil the financial requirements of an enterprise for a period exceeding five years. Such financing is generally required for the acquisition of fixed assets such as equipment, plant and so on.


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