Fundamentals of Financial Management mcq practice set 3

Q81. What type of finance involves the purchase of goods or services with the agreement to pay for them at a later date? a) Accruals b) Leasing c) Trade Credit d) Public Deposits AnswerAnswer: c) Trade Credit Q82. Which source of short-term finance involves borrowing funds from other corporations? a) Factoring b) Inter-corporate Deposits c)…

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