Long-term financing is generally required for the acquisition of _________.
Fixed assets
Current assets
Fictitious asset
All of the above

Question

Long-term financing is generally required the acquisition of -Fixed assetsCurrent assetsFictitious assetAll of the above

Toppr Admin · Accepted Answer

Long-term finance is that which is required for a long period of time- i-e- no less than 5 years - These long-term sources are generally required for the acquisition of fixed assets as these fixed assets are purchased for a long period and are also very expensive than current assets-xA0-

Long-term financing is generally required for the acquisition of _________.Fixed assetsCurrent assetsFictitious assetAll of the above

Long-term finance is that which is required for a long period of time, i.e. no less than 5 years . These long-term sources are generally required for the acquisition of fixed assets as these fixed assets are purchased for a long period and are also very expensive than current assets.

Long-term financing is generally required for the acquisition of _________.
Fixed assets
Current assets
Fictitious asset
All of the above