Financing that must be repaid within one year represents:
A)short-term financing.
B)liability funding.
C)asset funding.
D)long-term financing.

Question

Quizplus · Accepted Answer

Short-term financing represents funds that must be repaid within one year. This type of financing is typically used to cover operating expenses or to fund temporary cash shortages. Examples of short-term financing include trade credit, lines of credit, and short-term loans. Therefore, option A is the best choice.

Financing That Must Be Repaid Within One Year Represents