Which of the Following Is a Short-Term Financing Instrument

question 41

Multiple Choice

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

• A) Accounts payable
• B) Bank loans with a maturity of less than 1 year
• C) Commercial paper
• D) All of the above

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Definitions:

Labor

Refers to the human effort, both physical and mental, used in the production of goods and services.

Output

The amount of goods or services produced by a company, industry, or economy within a certain period.

Revenue

The total income generated by a company or organization from its normal business operations.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, keeping all other inputs constant.