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QUESTION 2.A (50%) Explain the process of obtaining the following sources of business finance and also explain how they can be most efficiently utilized? Accruals

QUESTION 2.A (50%)

Explain the process of obtaining the following sources of business finance and also explain how they can be most efficiently utilized?

Accruals or accrued liabilities
Short term loans from banks
Commercial paper
Secured loan
Long term debt

QUESTION 2.B (50%)

Explain the nature and role of financial markets and institutions.

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