_____________Are Generally Structured as Private Limited Companies with Few Large-Capital

question 4

Multiple Choice

_____________are generally structured as private limited companies with few large-capital individuals or institutional investors as stakeholders.

• A) private equities fund
• B) Islamic venture capital fund
• C) Islamic debt funds
• D) special asset classes

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Definitions:

Net Method

An accounting technique that reports invoice amounts and accounts payable after deducting any available discounts for early payment.

Cash Discount

A reduction in the price paid for goods or services offered to the buyer as an incentive for early payment.

Original Voucher

A document that serves as evidence for a transaction and supports entries made in the accounting records.

Original Voucher

A primary document used as a piece of evidence for a transaction that has occurred, supporting entries in an accounting system.