________ Are the Major Source of Unsecured Short-Term Financing for Business

question 167

Multiple Choice

________ are the major source of unsecured short-term financing for business firms.

• A) Accounts receivable
• B) Term loans
• C) Notes payable
• D) Accounts payable

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Definitions:

Collective Character

The set of moral and ethical traits shared and demonstrated by a group or organization, influencing its decisions and actions.

ISO 19600

An international standard that provides guidelines for establishing, developing, implementing, evaluating, maintaining, and improving an effective and responsive compliance management system within an organization.

Compliance Management

The process of ensuring that a company or organization follows all regulatory and legal requirements.

Ethics Program

A set of procedures, policies, and measures designed by an organization to guide employees' and stakeholders' behaviors in alignment with the organization's ethical standards.