Which of the following is not a veritable sourc... - JAMB Commerce 2023 Question
Which of the following is not a veritable source of funds to a public limited liability company?
A
advances and loans from bank
B
internally generated funds
C
government financial grants
D
funds from the sale of shares
correct option: c
Government financial grants are typically not a common source of funds for a public limited liability company, especially in the context of ongoing operations and expansion. These companies usually rely on bank loans, internal funds, and proceeds from the sale of shares.
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