Spontaneous financing is granted when a firm places its orders without the need for special arrangements.

Name: Spontaneous financing is granted when a firm places its orders without the need for special arrangements.
Brand: Quizplus
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Quizplus · Accepted Answer

Spontaneous financing refers to the funds that are automatically generated by a company's operations, such as accounts receivable, accounts payable, and inventory. It does not require special arrangements or approval and is often used to finance short-term needs.

Spontaneous Financing Is Granted When a Firm Places Its Orders