Internal Funds Make Up More Than Two-Thirds of Corporate Financing

question 49

Multiple Choice

Internal funds make up more than two-thirds of corporate financing in the following countries:
I. The United States
II. U.K.
III. Germany
IV. Japan

• A) I only
• B) I and II only
• C) I, II and III only
• D) I, II, III and IV

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Definitions:

Debits And Credits

The two sides of accounts in double-entry bookkeeping; debits represent increases in assets or expenses and decreases in liabilities or equity, while credits do the inverse.

Slide

An error in which the entire number is moved one or more spaces to the right or the left, such as writing $542.00 as $54.20 or $5,420.00.

Accounting Equation

A fundamental principle of accounting expressing the relationship between assets, liabilities, and equity.

Decreases

A reduction in the size, quantity, or importance of something.