Question 2
Question 2 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
1. Financial accounting (...
1.1. Types of business entity

sources of finance and methods of funding for these types of business entity including: loans (secured and unsecured), bank overdrafts, payment by instalments, rental/leasing as an alternative to purchase, trade credit, sources of finance for limited companies as in 1.5.4

3. Financial accounting (...
3.1. Preparation of financial state...

how to evaluate possible sources of finance and methods of fundraising

1. Financial accounting (...
1.5. Preparation of financial state...

sources of finance for specified purposes