Which of the following is considered a discretionary source of financing?
A)Notes payable
B)Long-term debt
C)Ordinary shares
D)All of these are correct

Question

Quizplus · Accepted Answer

Discretionary financing refers to funds that a company can choose to raise or not, depending on its needs and strategic decisions. Notes payable, long-term debt, and ordinary shares all fall into this category, as companies have the discretion to issue or not issue these forms of financing.

Which of the Following Is Considered a Discretionary Source of Financing