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    Exam 14: Managing Short-Term Financing Liabilities
  5. Question
    A Spontaneous Source of Financing That Arises from Ordinary Business
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A Spontaneous Source of Financing That Arises from Ordinary Business

Question 58

Question 58

Multiple Choice

A spontaneous source of financing that arises from ordinary business transactions is called:


A) commercial paper.
B) a promissory note.
C) a line of credit.
D) trade credit.
E) revolving credit.

Correct Answer:

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