Which of the following would not normally involve long-term financing?
A)Worker's salaries
B)Purchase of modern equipment
C)Plant expansion
D)Purchase of a large tract of land

Question

Quizplus · Accepted Answer

Long-term financing is typically used when purchasing assets with a long useful life, such as modern equipment, property, and plant expansions. Worker's salaries are typically paid with short-term financing, such as accounts payable or operating funds.

Which of the Following Would Not Normally Involve Long-Term Financing