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O-LevelCommerceFinance7100/11 · Oct/Nov 2012 · Q381 Mark

Which source of finance would be most suitable for a large company planning to modernise its manufacturing equipment?

Abank loan

Bdebt factoring

Coverdraft

Dtrade credit

✓ Correct answer

A: bank loan

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 38.

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