(c)Public Deposits (d) lease Financing
12. …………….are the funds that are raised to loans or borrowings.
(a) Short-term funds (b) Owners funds
(c) long-term funds (d) Borrowed funds
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owners funds is the answer
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The funds are the (d) Borrowed funds
- As per the ownership the funds are classified. Borrowed represents the one where an enterprise takes money outside the corporation to the source itself.
- The most common type of borrowed ones represents the potential loans, debentures, securities, credits, etc.
- As a result, these funds are often the potential cash raised for possible loans or borrowings.
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