Question 11
Business FinanceWhich of the following is not a veritable source of funds to a public limited liability company?
- A.government financial grants
- B.advances and loans from banks
- C.internally generated funds
- D.funds from the sale of shares.
Show the answer and explanation
Answer: A (government financial grants)
Explanation
Government does not normally give grants to private public companies; loans, retained profits and shares are their usual sources.