Which of the following are external sources of funds for businesses? (A) Grants, debentures, leasing, mortgage (B) Venture capital, loans, drawings, factoring (C) Accounts payable, owners' equity, leasing, discounts (D) Bank overdraft, retained profits, factoring, bank bills - HSC - SSCE Business Studies - Question 20 - 2008 - Paper 1

A) Grants, debentures, leasing, mortgage: This option includes debentures and financing methods like leasing and mortgage, which are indeed external sources of funds.

B) Venture capital, loans, drawings, factoring: Venture capital and loans are external sources, but drawings are funds taken from personal investments in the business, making it internal.

C) Accounts payable, owners' equity, leasing, discounts: Accounts payable and owners' equity are not external, while leasing is. Therefore, this option is partially correct.

D) Bank overdraft, retained profits, factoring, bank bills: Bank overdraft and factoring are external, but retained profits are internal and bank bills can vary.

The correct answer is clearly option (A) since it exclusively contains external sources.

Based on the analysis, the correct answer to the question is option (A), as it exclusively lists external sources of funds for businesses.