Which of the Following Is a Source of Short-Term Financing

question 74

Multiple Choice

Which of the following is a source of short-term financing?

• A)Accounts Payable
• B)Accruals
• C)Commercial Paper
• D)Both a & c
• E)All of the above

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Definitions:

Partnership Accounting

The system of accounting that deals with financial transactions and record-keeping for business partnerships.

Information Tax Return

A document that reports income, expenses, and other pertinent tax information, typically filed with a governmental tax authority.

Accounting Entity

A clearly defined economic unit that isolates the financial activities of a specific business from those of its owners and other businesses.

Articles of Co-partnership

A legal document that specifies the rights, responsibilities, and obligations of partners in a partnership business.