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function and role of finance Related: Functions and Role of Developme...
The Finance function has been classified into three:
Long-Term Finance– This includes finance of investment 3 years or more. Sources of long-term finance include owner capital, share capital, long-term loans, debentures, internal funds and so on.
Medium Term Finance– This is financing done between 1 to 3 years, this can be sourced from bank loans and financial institutions.
Short Term Finance – This is finance needed below one year. Funds may be acquired from bank overdrafts, commercial paper, advances from customers, trade credit etc.
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function and role of finance Related: Functions and Role of Development Banks - Development Banks, Indian Financial System?
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function and role of finance Related: Functions and Role of Development Banks - Development Banks, Indian Financial System? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about function and role of finance Related: Functions and Role of Development Banks - Development Banks, Indian Financial System? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for function and role of finance Related: Functions and Role of Development Banks - Development Banks, Indian Financial System?.
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