Which of the Following Is an Example of a Financing

question 96

Multiple Choice

Which of the following is an example of a financing activity?

• A)Paying taxes to the government
• B)Selling equipment
• C)Obtaining a bank loan
• D)Purchasing land

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Definitions:

Competitiveness

denotes the characteristic of striving to be more successful or superior, especially in a commercial or professional context.

Productivity

measures the efficiency of production of goods or services expressed as a ratio of output to inputs.

Promotes Innovation

Encourages or facilitates the introduction of new ideas, products, or methods, fostering a culture of creativity and advancement.

Inhibits Innovation

Refers to factors or mechanisms that obstruct or slow down the process of creating new ideas, products, or methods.