What Are Some Examples of Spontaneous and Discretionary Sources of Financing

question 134

Essay

What are some examples of spontaneous and discretionary sources of financing?

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Definitions:

Purchase Order

A form used in business to place an order for the buying of goods from a seller.

Receiving Report

A document prepared by the receiving department to evidence the receipt of material or supplies that had been ordered.

Voucher

A document that authorizes a payment and records details about the transaction but does not represent cash itself.

Dividend Journal

A financial record that tracks dividends declared and paid by a company to its shareholders.