Money can simply be referred to as a?
A. medium of exchange B. means for the settlement of debts C. durable assets for doing business D. standard of value Correct Answer: Option A – medium of exchange
The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
A. Securities and Exchange Commission B. Nigerian Stock Exchange C. Nigerian Deposit Insurance Company D. Central Bank of Nigeria Correct Answer: Option A – Securities and Exchange Commission
An essential factor for evaluating the different sources of funds for a business is the?
A. decree establishing the business B. ownership structure of the business concern C. size and the type of the business D. burden of cost and repayment Correct Answer: Option B – ownership structure of the business concern
A source of short-term finance to companies is?
A. share capital B. debentures C. retained earnings D. corporate tax Correct Answer: Option C – retained earningsProducts
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