Secured short-term loans are usually secured by which of the following?
A) accounts receivable and inventory
B) equipment and accounts payable
C) accounts payable and accounts receivable
D) inventory and equipment

Question

Quizplus · Accepted Answer

Secured short-term loans are typically backed by accounts receivable and inventory, as these are liquid assets that can be quickly converted to cash if necessary.

Secured Short-Term Loans Are Usually Secured by Which of the Following