In the short term, if an organisation’s income is lower than its expenditure, it is an example of:
A . financial intermediation
B . lack of financial synchronisation
C . why equity capital is needed
D . financial surplus
Answer: B
In the short term, if an organisation’s income is lower than its expenditure, it is an example of:
A . financial intermediation
B . lack of financial synchronisation
C . why equity capital is needed
D . financial surplus
Answer: B