Which of the following is a source of short-term financing?
A)Accounts Payable
B)Accruals
C)Commercial Paper
D)Both a & c
E)All of the above

Question

Quizplus · Accepted Answer

All the options listed are sources of short-term financing. Accounts Payable and Accruals are forms of spontaneous financing that come from the day-to-day operations of a company. Commercial Paper is an unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories, and meeting other short-term liabilities.

Which of the Following Is a Source of Short-Term Financing