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A source of financing option available to a provision store owner is  

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WAEC 2025

A source of financing option available to a provision store owner is

 

  • A. sale of shares
  • B. issue of debentures
  • C. leasing
  • D. personal savings
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Correct Answer: Option D
Explanation

A provision store owner, who is typically a small business owner, would most likely use personal savings as a source of financing.
This is because other options like sale of shares, issue of debentures, and leasing are more applicable to larger corporations.
Personal savings is a common source of financing for small businesses as it does not require any formal application or approval
process.


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