Spontaneous financing is financing obtained at the last minute due to poor financial planning.

Name: Spontaneous financing is financing obtained at the last minute due to poor financial planning.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Spontaneous financing refers to the automatic increase in certain short-term sources of financing that occur naturally with an increase in sales, such as accounts payable and accruals, not last-minute financing due to poor planning.

Spontaneous Financing Is Financing Obtained at the Last Minute Due