AFP
CTP · Question #139
(Topic 2) The treasurer of a corporation is negotiating with one of his/her suppliers to allow the corporation to have 30 days to pay the supplier's invoices. The treasurer is arranging:
The correct answer is A. short-term financing. See the full explanation below for the reasoning.
Question
- (Topic 2)
The treasurer of a corporation is negotiating with one of his/her suppliers to allow the corporation to have 30 days to pay the supplier’s invoices. The treasurer is arranging:
Options
- Ashort-term financing.
- Brevolving credit agreement.
- Cfactoring of receivables.
- Duncommitted line of credit.
How the community answered
(21 responses)- A81% (17)
- B10% (2)
- C5% (1)
- D5% (1)
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