All of the following are sources of short-term funds EXCEPT ______.
A) trade credit
B) bank loans
C) commercial paper
D) bonds

Name: All of the following are sources of short-term funds EXCEPT ______. A) trade credit B) bank loans C) commercial paper D) bonds
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Bonds are a source of long-term funds, as they typically have maturities of 10 years or more. Trade credit, bank loans, and commercial paper are all sources of short-term funds.

All of the Following Are Sources of Short-Term Funds EXCEPT