Instructions: the Following Sentences Form a Passage

question 594

Multiple Choice

Instructions: The following sentences form a passage. Select the correct noun for each blank. He made history in so doing but also created a ____ in sports.

• A) crises
• B) crisis

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Definitions:

Short-Term Financing

Refers to borrowing funds for a period of less than one year to meet immediate financial requirements.

Spontaneous Financing

Financing that naturally increases as a firm's operating levels increase, typically through trade credits and accruals.

Five Year Bonds

Debt securities issued with a maturity of five years, typically paying interest semi-annually.

Factor Receivables

The financial practice of selling accounts receivable to a third party at a discount to immediately generate cash.