Discretionary sources of financing are those sources that vary automatically with a firm's level of sales.

Name: Discretionary sources of financing are those sources that vary automatically with a firm's level of sales.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Discretionary sources of financing are sources that are not automatically tied to a firm's level of sales and require active managerial decisions, such as issuing new shares or borrowing from banks. Examples include equity financing and external debt financing.

Discretionary Sources of Financing Are Those Sources That Vary Automatically