What is often used to finance working capital accounts?
A) mortgages
B) long-term borrowings
C) bonds
D) self-liquidating loans

Question

Quizplus · Accepted Answer

Self-liquidating loans are often used to finance working capital accounts because they are short-term loans that are meant to be paid off quickly, typically from the proceeds generated by the use of the loan, aligning well with the short-term nature of working capital needs.

What Is Often Used to Finance Working Capital Accounts