Post Utme Rsu 2021 Commerce Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Rsu Commerce examination.

Post Utme Rsu 2021 Commerce Objective / Multiple Choice
Question 37 POST_UTME_RSU • 2021 • COMMERCE • objective

A company has issued a debenture to raise funds for its business operations. What is the main advantage of issuing debentures?

Answer Options

A. It is a long-term source of finance
B. It is a low-cost source of finance
Correct Answer C. It is a secured source of finance
D. It is a flexible source of finance
Correct Answer
C
Correct Option:
It is a secured source of finance

About This Question

This is Post Utme Rsu 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Rsu Commerce examination.

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