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Yr 12 - Finance Chunk 2 Flashcards | StudBud
Yr 12 - Finance Chunk 2
1 / 19
What is the primary reason businesses use commercial bills as a source of finance?
A
To reduce their reliance on retained profits
B
To secure funding from shareholders
C
To access large short-term loans with flexible repayment terms
D
To obtain long-term funding for expansion
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