---------- is also known as 'Industrial Paper"
A)Treasury bills
B)Commercial bills
C)Financial accommodation bills
D)Commercial paper

Question

Quizplus · Accepted Answer

Commercial paper is a commonly used type of unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, inventories, and meeting other short-term liabilities. It is often referred to as "Industrial Paper" because it is a primary way for companies in the industrial sector to raise funds.

---------- Is Also Known as 'Industrial Paper