Commerce jamb 2001

(i) Personal Savings
(ii)Retained Earnings
(iii)Accrued taxes
Which of the items above constitute internal sources of financing for companies?

a

i and ii

b

i and iii

c

ii and iii

d

i, ii and iii

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Correct Option
a

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Discussions (2)

Haleey
5 years ago

Wrong pls correct the answer A

Chuks612
9 years ago

This is wrong.. Very wrong. Accrued means owing making it a liability. Making the answer A(personal savings and retained profit).

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