Multiple Choice
The two major sources of short-term financing are ________.
A) a line of credit and notes payable
B) accounts payable and accruals
C) a line of credit and term loans
D) accounts receivable and notes payable
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: The major type of loan made by
Q47: A firm should take the cash discount
Q48: Under a line of credit agreement, a
Q49: Secured short-term financing has specific assets pledged
Q50: Which of the following is an advantage
Q52: In a line of credit arrangement, a
Q53: Under a line of credit agreement, a
Q54: A firm is offered credit terms of
Q55: Lenders recognize that holding collateral can reduce
Q56: The interest rate on a line of