Which of the Following Sources of Financing Is Considered Spontaneous

question 67

Multiple Choice

Which of the following sources of financing is considered spontaneous because it fluctuates naturally with changes in ordinary business operations/transactions without management making formal decisions?

• A)Commercial paper
• B)Long-term bond
• C)Notes payable
• D)Trade credit
• E)Equity

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Definitions:

Scratch List

A preliminary list of ideas, options, or tasks created for consideration or action, often subject to change.

Hierarchical Arrangement

An organizational structure where entities are ranked according to levels of importance or authority.

General Topics

Broad subject areas that encompass a wide range of subtopics within them.

Business Document

Any official paper that records transactions, plans, or other business activities, serving as a formal means of communication or evidence.