________ Is/are the Most Common Form of Short-Term Financing for a Small

question 62

Multiple Choice

________ is/are the most common form of short-term financing for a small and medium sized firms.

• A)Commercial paper
• B)Banker's acceptances
• C)Short-term bank loans,or promissory notes,
• D)New common stock

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Definitions:

Unemployment Tax

A tax paid by employers based on the total payroll and the unemployment claims filed by former employees, financing unemployment benefit programs.

Federal Income Tax

A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Federal Form 941

A quarterly tax form used by employers to report federal withholdings from employees.

Medicare

Medicare is a federal health insurance program in the United States primarily for people who are 65 years or older, and for some younger people with disabilities.