Which of the following is a short-term financing instrument?
A) Accounts payable
B) Bank loans with a maturity of less than 1 year
C) Commercial paper
D) All of the above

Question

Quizplus · Accepted Answer

All of the options listed are considered short-term financing instruments. Accounts payable is a short-term liability, bank loans with a maturity of less than 1 year are short-term loans, and commercial paper is an unsecured, short-term debt instrument issued by corporations.

Which of the Following Is a Short-Term Financing Instrument