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Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning1 Mark
Question
State any two features of owners fund.
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Answer

Two features of owners fund are:
  1. It is the permanent capital.
  2. It provides the basis of control over the management of the enterprise.
  3. It is also known as risk capital because it is the owner who bears the risk in the business due to loss.
  4. Voting rights enjoyed by the owners.

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