Honda Canada provides credit to Honda dealers, as well as buyers. What function is this an example of?

Name: Honda Canada provides credit to Honda dealers, as well as buyers. What function is this an example of?
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Question

Quizplus · Accepted Answer

Providing credit to dealers and buyers is a financial activity, which falls under the financing function. This involves securing the necessary funds to carry out transactions and operations, such as purchasing inventory or facilitating buyers in acquiring products.

Honda Canada Provides Credit to Honda Dealers, as Well as Buyers