Which of the Following Are Considered to Be Spontaneous Sources

question 86

Multiple Choice

Which of the following are considered to be spontaneous sources of financing (i.e., they arise naturally during the course of doing business) ?

• A) Notes payable and common stock
• B) Accounts receivable and bonds
• C) Fixed assets and inventory
• D) Accounts payable and accrued expenses

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Definitions:

Safety Glasses

Protective eyewear designed to safeguard the eyes from flying debris, chemicals, or harmful radiation.

Soap And Water

A basic cleaning method involving the use of soap and water to remove dirt, debris, and microbes from surfaces.

Chemicals

Substances with a distinct molecular composition that are involved in chemical processes.

Gloves

Gloves are hand coverings, typically made from various materials, designed to protect hands from environmental hazards, contamination, or injuries.