Which one of the following is not considered a form of short-term financing?
A) line of credit
B) revolving credit agreement
C) commercial paper
D) sale of shares

Question

Quizplus · Accepted Answer

Sale of shares is a form of long-term financing, as it involves issuing and selling stocks to investors for a long period of time, rather than securing temporary funds. The other options listed are all considered forms of short-term financing, as they provide immediate or short-term access to funds that can be used to address immediate financial needs.

Which One of the Following Is Not Considered a Form