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Bank overdraft is a good source of finance for

This question belongs to Commerce Business And Commerce
Business and Commerce
?

Bank overdraft is a good source of finance for _________.

Answer & Solution
Correct Answer: Option A
Bank overdraft is a good source of finance for Short term. An overdraft facility allows the business to spend more money than is deposited in the bank account. The amount of the overdraft will rise and fall as funds are deposited and spent from the account.
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