Which of the Following Can Be Used to Finance a Small

question 49

Multiple Choice

Which of the following can be used to finance a small business?

• A) using one's own savings
• B) borrowing from other individuals
• C) borrowing money from financial institutions
• D) using cash generated from current sales
• E) all of the above

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Definitions:

Administrative Position

A job role focused on organizational tasks, managing duties, and supporting operations within an organization.

Fast-Food Business

A commercial enterprise that serves quick service food items to customers in a fast-paced environment.

University Campus

The land and buildings belonging to a university, where teaching and administrative facilities are located.

Secure Loans

Loans that are protected by collateral, reducing the risk for lenders in case the borrower fails to repay.