A-LevelAccountingSources of FinanceOct/Nov 2023Paper 1 Q11 Mark
Which list is a long-term source of additional funds for a limited company?
Abank loan, bonus issue of shares, debenture issue
Bbank loan, leasing of premises, rights issue of shares
Cbonus issue of shares, leasing of premises, trade credit
Ddebenture issue, rights issue of shares, trade credit
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of sources of finance within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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