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Financial Management — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesFinancial Management1 Mark
MCQ
Objective type question.
A fixed asset should be financed through:
  • ✓
    A long-term liability.
  • B
    A short-term liability.
  • C
    A mix of long and short-term liabilities.
  • D
    None of the above.
✓

Answer

Correct option: A.
A long-term liability.
Fixed assets financed through long term liability.

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