Trade credit provides one of the most flexible sources of short-term financing available to the firm.

Name: Trade credit provides one of the most flexible sources of short-term financing available to the firm.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Trade credit allows a firm to defer payment for goods and services received, which can help with cash flow management. It is also flexible in terms of repayment terms, as it doesn't usually involve interest charges or strict repayment schedules.

Trade Credit Provides One of the Most Flexible Sources of Short-Term