Question

refers to an arrangement where the manufacturer is granted credit from the supplier of raw materials, inputs, spare parts, etc.

• A. Trade Credit
• B. Public Deposit
• C. Equity Share
• D. Debentures

Answer 1

The correct option is A Trade Credit

Trade credit refers to an arrangement where the manufacturer is granted credit from the supplier of raw materials, inputs, spare parts, etc. The suppliers allow customers to pay the amount within a credit period.