Which of the following are sources of funds?
I.Term loan
II.Repayment of term loan
III.Purchase of equity
IV.Cash on hand
A)I only
B)I and IV
C)I and II
D)All are sources of funds

Question

Which of the following are sources of funds? 
I.Term loan
II.Repayment of term loan
III.Purchase of equity
IV.Cash on hand
A)I only
B)I and IV
C)I and II
D)All are sources of funds

Quizplus · Accepted Answer

I and IV are sources of funds. Term loans provide funds to a business, and cash on hand is immediately available funds. Repayment of a term loan is a use of funds, not a source. Purchasing equity implies investing in another entity, which is also a use of funds rather than a source.

Which of the Following Are Sources of Funds