Which of These Is a Common Source of Long-Term Financing

question 84

Multiple Choice

Which of these is a common source of long-term financing for a corporation?

• A) a revolving credit agreement
• B) commercial paper
• C) a bond issue
• D) trade credit

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Definitions:

Purchase

The act of acquiring goods or services in exchange for money, signaling a transfer of ownership.

Assumptive

Pertaining to something that is taken for granted or accepted as true without proof.

Trial

A process of testing or experimenting with a product, service, or idea to evaluate its effectiveness or market potential before full-scale launch.

Urgency

A priority or immediate need that requires swift action or attention.