Spontaneous sources of financing include
A) marketable securities.
B) wages payable.
C) accounts receivable.
D) common stock.

Question

Quizplus · Accepted Answer

Spontaneous sources of financing are those that arise naturally from the operations of a company without the need for explicit arrangement of financing. Wages payable is an example of this, as it is a liability that occurs as a result of day-to-day operations when employees have earned wages that have not yet been paid out.

Spontaneous Sources of Financing Include