Question on: JAMB Accounting - 2024
A public limited liability company can get additional fund through the issue of
A
cheque
B
accumulated fund
C
consolidated fund
D
debenture
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Correct Option: D
A public limited liability company can raise additional capital by issuing debentures, which are long-term debt instruments.
A cheque is a payment instrument, accumulated fund relates to reserves, and consolidated fund is a government fund.
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